<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 3,118,768 <SECURITIES> 0 <RECEIVABLES> 75,477 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 6,861,525 <DEPRECIATION> (1,347,646) <TOTAL-ASSETS> 13,186,780 <CURRENT-LIABILITIES> 0 <BONDS> 2,727,576 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 10,046,236 <TOTAL-LIABILITY-AND-EQUITY> 13,186,780 <SALES> 1,047,295 <TOTAL-REVENUES> 1,446,074 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,091,669 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 187,847 <INCOME-PRETAX> 166,558 <INCOME-TAX> 0 <INCOME-CONTINUING> 166,558 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 166,558 <EPS-PRIMARY> 0 <EPS-DILUTED> 0