<ARTICLE>                          5
<LEGEND>                        
     This schedule  contains summary  financial  information  extracted from the
 Partnership's  audited financial  statements for the quarter ended May 31, 1996
 and is qualified in its entirety by reference to such financial statements.
</LEGEND>                       
<MULTIPLIER>                            1,000
                                    
                                  
<PERIOD-TYPE>                           9-MOS
<FISCAL-YEAR-END>                  AUG-31-1996
<PERIOD-END>                       MAY-31-1996
<CASH>                                   7057
<SECURITIES>                                0
<RECEIVABLES>                             985
<ALLOWANCES>                                0
<INVENTORY>                                 0
<CURRENT-ASSETS>                         9375
<PP&E>                                219,732
<DEPRECIATION>                          32131
<TOTAL-ASSETS>                         199407
<CURRENT-LIABILITIES>                   2,228
<BONDS>                                156885
<PREFERRED-MANDATORY>                       0
<PREFERRED>                                 0
<COMMON>                                    0
<OTHER-SE>                              40294
<TOTAL-LIABILITY-AND-EQUITY>           199407
<SALES>                                     0
<TOTAL-REVENUES>                        19323
<CGS>                                       0
<TOTAL-COSTS>                            9848
<OTHER-EXPENSES>                            0
<LOSS-PROVISION>                          510
<INTEREST-EXPENSE>                      11093
<INCOME-PRETAX>                       (2,128)
<INCOME-TAX>                                0
<INCOME-CONTINUING>                   (2,128)
<DISCONTINUED>                              0
<EXTRAORDINARY>                             0
<CHANGES>                                   0
<NET-INCOME>                          (2,128)
<EPS-PRIMARY>                          (0.42)
<EPS-DILUTED>                          (0.42)