<ARTICLE> 5 <CIK> 0001018751 <NAME> OCEANSIDE GOLF MANAGEMENT CORP. <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> SEP-30-1998 <PERIOD-START> OCT-01-1997 <PERIOD-END> SEP-30-1998 <CASH> 5,273 <SECURITIES> 0 <RECEIVABLES> 385,897 <ALLOWANCES> 34,777 <INVENTORY> 81,286 <CURRENT-ASSETS> 324,142 <PP&E> 6,569,052 <DEPRECIATION> 1,214,726 <TOTAL-ASSETS> 5,831,534 <CURRENT-LIABILITIES> 156,097 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,000 <OTHER-SE> 6,762,452 <TOTAL-LIABILITY-AND-EQUITY> 5,831,534 <SALES> 246,630 <TOTAL-REVENUES> 912,981 <CGS> 92,047 <TOTAL-COSTS> 680,618 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 1,800 <INTEREST-EXPENSE> 1,129 <INCOME-PRETAX> 231,234 <INCOME-TAX> 0 <INCOME-CONTINUING> 231,234 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 231,234 <EPS-PRIMARY> 0 <EPS-DILUTED> 0