<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 671,709 <SECURITIES> 0 <RECEIVABLES> 318,445 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 47,358,898 <DEPRECIATION> (21,569,600) <TOTAL-ASSETS> 31,683,411 <CURRENT-LIABILITIES> 0 <BONDS> 23,573,479 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 31,683,411 <SALES> 5,973,958 <TOTAL-REVENUES> 6,016,692 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 4,544,043 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,600,870 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> (128,221) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (128,221) <EPS-PRIMARY> 0 <EPS-DILUTED> 0