<ARTICLE>                           5
       
                                 
<PERIOD-TYPE>                       9-MOS
<FISCAL-YEAR-END>                   DEC-31-1997
<PERIOD-END>                        SEP-30-1997
<CASH>                              789,338
<SECURITIES>                        960,867  <F1>
<RECEIVABLES>                       170,895
<ALLOWANCES>                        0
<INVENTORY>                         0
<CURRENT-ASSETS>                    0
<PP&E>                              19,735,533 <F2>
<DEPRECIATION>                      5,191,566
<TOTAL-ASSETS>                      16,569,938
<CURRENT-LIABILITIES>               309,006
<BONDS>                             11,412,008 <F3>
<PREFERRED-MANDATORY>               0
<PREFERRED>                         0
<COMMON>                            4,292,945  <F4>
<OTHER-SE>                          0
<TOTAL-LIABILITY-AND-EQUITY>        16,569,938
<SALES>                             0
<TOTAL-REVENUES>                    1,657,635  <F5>
<CGS>                               0
<TOTAL-COSTS>                       1,014,639  <F6>
<OTHER-EXPENSES>                    (38,730)   <F7>
<LOSS-PROVISION>                    0
<INTEREST-EXPENSE>                  733,632
<INCOME-PRETAX>                     0
<INCOME-TAX>                        0
<INCOME-CONTINUING>                 0
<DISCONTINUED>                      0
<EXTRAORDINARY>                     0
<CHANGES>                           0
<NET-INCOME>                        (51,906)
<EPS-PRIMARY>                       0
<EPS-DILUTED>                       0


<FN>
<F1>   "SECURITIES" REPRESENTS INVESTMENT IN JOINT VENTURE
<F2>   "PP&E" REPRESENTS INVESTMENT IN REAL ESTATE [LAND AND
          BUILDING]
<F3>   "BONDS" REPRESENTS MORTGAGES PAYABLE.
<F4>   "COMMON" REPRESENTS TOTAL PARTNERS' CAPITAL
<F5>   "TOTAL REVENUES" REPRESENTS RENTAL, INTEREST, AND OTHER
          INCOME
<F6>   "TOTAL COSTS" REPRESENTS TOTAL EXPENSES LESS INTEREST
          EXPENSE
<F7>   "OTHER EXPENSES" REPRESENTS EQUITY AND MINORITY INTEREST
          IN JOINT VENTURES' NET INCOME/LOSS
</FN>