<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> Dec-31-1997 <PERIOD-END> Mar-31-1997 <CASH> 962,444 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 19,393,675 <DEPRECIATION> (4,908,370) <TOTAL-ASSETS> 14,485,305 <CURRENT-LIABILITIES> 361,120 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 8,524,125 <TOTAL-LIABILITY-AND-EQUITY> 15,536,323 <SALES> 0 <TOTAL-REVENUES> 668,715 <CGS> 0 <TOTAL-COSTS> 280,058 <OTHER-EXPENSES> 150,014 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 195,002 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 43,641 <EPS-PRIMARY> 0 <EPS-DILUTED> 0