<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 837,012 <SECURITIES> 0 <RECEIVABLES> 186,742 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 26,377,757 <DEPRECIATION> 4,974,810 <TOTAL-ASSETS> 22,515,187 <CURRENT-LIABILITIES> 0 <BONDS> 16,466,869 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 5,166,818 <TOTAL-LIABILITY-AND-EQUITY> 22,515,187 <SALES> 0 <TOTAL-REVENUES> 814,249 <CGS> 0 <TOTAL-COSTS> 393,617 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 411,300 <INCOME-PRETAX> 9,332 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,332 <EPS-PRIMARY> .61<F1> <EPS-DILUTED> 0 <FN> <F1> Income per weighted average limited Partnership Class A interests outstanding.