<ARTICLE> 5 <CIK> 0001018751 <NAME> OCEANSIDE GOLF MANAGEMENT CORP. <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> SEP-30-1996 <PERIOD-START> OCT-01-1995 <PERIOD-END> SEP-30-1996 <CASH> 7,019 <SECURITIES> 0 <RECEIVABLES> 212,541 <ALLOWANCES> 37,360 <INVENTORY> 50,957 <CURRENT-ASSETS> 169,393 <PP&E> 5,407,571 <DEPRECIATION> 885,890 <TOTAL-ASSETS> 5,954,035 <CURRENT-LIABILITIES> 183,442 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,000 <OTHER-SE> 5,768,309 <TOTAL-LIABILITY-AND-EQUITY> 5,954,035 <SALES> 835,442 <TOTAL-REVENUES> 3,144,011 <CGS> 322,004 <TOTAL-COSTS> 2,403,951 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 9,950 <INTEREST-EXPENSE> 7,819 <INCOME-PRETAX> 732,241 <INCOME-TAX> 0 <INCOME-CONTINUING> 732,241 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 732,241 <EPS-PRIMARY> 0 <EPS-DILUTED> 0