<ARTICLE> 5 <CIK> 0001000375 <NAME> ESSEX HOSPITALITY ASSOCIATES IV L.P. <MULTIPLIER> 1000 <PERIOD-TYPE> OTHER <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 548 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <FN> <F1> UNCLASSIFIED BALANCE SHEET USED </FN> <PP&E> 12,534 <DEPRECIATION> 434 <TOTAL-ASSETS> 14,716 <CURRENT-LIABILITIES> 4,393 <BONDS> 9,905 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 417 <FN> <F2> EQUITY IS PARTNERS' CAPITAL </FN> <TOTAL-LIABILITY-AND-EQUITY> 14,716 <SALES> 1,407 <TOTAL-REVENUES> 1,462 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 779 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 244 <INCOME-PRETAX> 423 <INCOME-TAX> 0 <INCOME-CONTINUING> 423 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 423 <EPS-PRIMARY> 141 <EPS-DILUTED> 141 <FN> <F3> ENTITY IS A PARTNERSHIP, EPS IS LOSS PER LIMITED PARTNERSHIP UNIT </FN>