<ARTICLE>                     5

                           
<PERIOD-TYPE>                 9-MOS
<FISCAL-YEAR-END>             DEC-31-1998
<PERIOD-END>                  SEP-30-1999
<CASH>                        742,293
<SECURITIES>                  0
<RECEIVABLES>                 32,783
<ALLOWANCES>                  0
<INVENTORY>                   0
<CURRENT-ASSETS>              0
<PP&E>                        8,933,000                       <F1>
<DEPRECIATION>                0
<TOTAL-ASSETS>                10,043,021
<CURRENT-LIABILITIES>         0
<BONDS>                       6,096,326                       <F2>
<PREFERRED-MANDATORY>         0
<PREFERRED>                   0
<COMMON>                      1,250,173                       <F3>
<OTHER-SE>                    0
<TOTAL-LIABILITY-AND-EQUITY>  0
<SALES>                       0
<TOTAL-REVENUES>              912,752                         <F4>
<CGS>                         0
<TOTAL-COSTS>                 608,149                         <F5>
<OTHER-EXPENSES>              0
<LOSS-PROVISION>              0
<INTEREST-EXPENSE>            314,526
<INCOME-PRETAX>               0
<INCOME-TAX>                  0
<INCOME-CONTINUING>           0
<DISCONTINUED>                0
<EXTRAORDINARY>               0
<CHANGES>                     0
<NET-INCOME>                  (12,175)
<EPS-BASIC>                 0
<EPS-DILUTED>                 0

<FN>
<F1>   "PP&E" REPRESENTS REAL ESTATE HELD FOR SALE
<F2>   "BONDS" REPRESENTS MORTGAGE PAYABLE
<F3>   "COMMON" REPRESENTS NET ASSETS IN LIQUIDATION
<F4>   "TOTAL REVENUES" REPRESENTS RENTAL, INTEREST, AND OTHER
         INCOME
<F5>   "TOTAL COSTS" REPRESENTS TOTAL EXPENSES LESS INTEREST
EXPENSE
</FN>