<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> MAR-31-2000 <CASH> 774,754 <SECURITIES> 0 <F1> <RECEIVABLES> 64,735 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 8,933,000 <F2> <DEPRECIATION> 0 <TOTAL-ASSETS> 10,077,511 <CURRENT-LIABILITIES> 156,556 <BONDS> 6,029,325 <F3> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <F4> <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 0 <SALES> 0 <TOTAL-REVENUES> 394,472 <F5> <CGS> 0 <TOTAL-COSTS> 144,221 <F6> <OTHER-EXPENSES> 19,134 <F7> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 125,514 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 105,603 <EPS-BASIC> 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 INTEREST IN JOINT VENTURES' NET INCOME/LOSS </FN>