<ARTICLE>                     5
       
                           
<PERIOD-TYPE>                 6-MOS
<FISCAL-YEAR-END>             DEC-31-1997
<PERIOD-END>                  JUN-30-1997
<CASH>                        305,705 
<SECURITIES>                  0                             
<RECEIVABLES>                 0  
<ALLOWANCES>                  0
<INVENTORY>                   0
<CURRENT-ASSETS>              0
<PP&E>                        11,515,797                <F1>
<DEPRECIATION>                332,305
<TOTAL-ASSETS>                11,650,565
<CURRENT-LIABILITIES>         79,880
<BONDS>                       0                             
<PREFERRED-MANDATORY>         0
<PREFERRED>                   0
<COMMON>                      11,515,454                <F2>
<OTHER-SE>                    0
<TOTAL-LIABILITY-AND-EQUITY>  11,650,565
<SALES>                       0
<TOTAL-REVENUES>              680,049                   <F3>
<CGS>                         0
<TOTAL-COSTS>                 286,678                   <F4>
<OTHER-EXPENSES>              0                             
<LOSS-PROVISION>              0                             
<INTEREST-EXPENSE>            0
<INCOME-PRETAX>               0
<INCOME-TAX>                  0
<INCOME-CONTINUING>           0
<DISCONTINUED>                0
<EXTRAORDINARY>               0       
<CHANGES>                     0
<NET-INCOME>                  393,371
<EPS-PRIMARY>                 0
<EPS-DILUTED>                 0
<FN>
<F1>   "PP&E" REPRESENTS INVESTMENT IN REAL ESTATE [LAND AND
BUILDING]
<F2>   "COMMON" REPRESENTS TOTAL STOCKHOLDER'S EQUITY
<F3>   "TOTAL REVENUES" REPRESENTS RENTAL, INTEREST, AND OTHER
INCOME
<F4>   "TOTAL COSTS" REPRESENTS TOTAL EXPENSES
</FN>