<ARTICLE> 5
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                           3,200<F1>
<SECURITIES>                                         0
<RECEIVABLES>                                    7,804
<ALLOWANCES>                                     (121)
<INVENTORY>                                     79,286
<CURRENT-ASSETS>                                     0
<PP&E>                                           3,654
<DEPRECIATION>                                   2,425
<TOTAL-ASSETS>                                 148,568
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                      46,594
<TOTAL-LIABILITY-AND-EQUITY>                   148,568
<SALES>                                         24,357
<TOTAL-REVENUES>                                54,374
<CGS>                                           19,957
<TOTAL-COSTS>                                   24,971
<OTHER-EXPENSES>                                 9,596
<LOSS-PROVISION>                                   825
<INTEREST-EXPENSE>                               4,265
<INCOME-PRETAX>                                 14,411
<INCOME-TAX>                                     3,634
<INCOME-CONTINUING>                             10,777
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                  (932)
<CHANGES>                                            0
<NET-INCOME>                                     9,845
<EPS-PRIMARY>                                      .95
<EPS-DILUTED>                                      .95
<FN>
<F1>Balance includes $988 of restricted cash.
</FN>