<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 3,070,785 <SECURITIES> 0 <RECEIVABLES> 6,603 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 4,373,407 <DEPRECIATION> (1,525,208) <TOTAL-ASSETS> 6,225,467 <CURRENT-LIABILITIES> 0 <BONDS> 2,613,312 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 3,012,266 <TOTAL-LIABILITY-AND-EQUITY> 6,225,467 <SALES> 1,290,193 <TOTAL-REVENUES> 2,832,174 <CGS> 625,948 <TOTAL-COSTS> 860,207 <OTHER-EXPENSES> 470,002 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 243,328 <INCOME-PRETAX> 1,258,637 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,258,637 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,258,637 <EPS-PRIMARY> 0 <EPS-DILUTED> 0