<ARTICLE> 5 <CIK> 0001018751 <NAME> OCEANSIDE GOLF MANAGEMENT CORP. <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> JUN-30-1997 <CASH> 19,920 <SECURITIES> 0 <RECEIVABLES> 350,063 <ALLOWANCES> 32,609 <INVENTORY> 59,729 <CURRENT-ASSETS> 304,508 <PP&E> 6,304,969 <DEPRECIATION> 1,079,930 <TOTAL-ASSETS> 5,636,337 <CURRENT-LIABILITIES> 120,541 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,000 <OTHER-SE> 6,431,157 <TOTAL-LIABILITY-AND-EQUITY> 5,636,337 <SALES> 624,207 <TOTAL-REVENUES> 2,672,071 <CGS> 216,804 <TOTAL-COSTS> 1,813,071 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 5,400 <INTEREST-EXPENSE> 2,110 <INCOME-PRETAX> 662,848 <INCOME-TAX> 0 <INCOME-CONTINUING> 662,848 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 662,848 <EPS-PRIMARY> 0 <EPS-DILUTED> 0