<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 2,112 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 18,935 <DEPRECIATION> 2,746 <TOTAL-ASSETS> 21,400 <CURRENT-LIABILITIES> 0 <BONDS> 12,430 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 7,506 <TOTAL-LIABILITY-AND-EQUITY> 21,400 <SALES> 0 <TOTAL-REVENUES> 2,328 <CGS> 0 <TOTAL-COSTS> 1,801 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 4,739<F2> <INTEREST-EXPENSE> 413 <INCOME-PRETAX> 4,853 <INCOME-TAX> 0 <INCOME-CONTINUING> 4,853 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> (96) <NET-INCOME> 4,757 <EPS-PRIMARY> 252.30<F1> <EPS-DILUTED> 252.30 <FN> <F1>Net income per limited partner unit. <F2>Gain on sale of properties. </FN>