<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 1,521,769 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,521,769 <PP&E> 3,569,161 <DEPRECIATION> 0 <TOTAL-ASSETS> 5,090,930 <CURRENT-LIABILITIES> 237,121 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 4,853,809 <TOTAL-LIABILITY-AND-EQUITY> 5,090,930 <SALES> 132,624 <TOTAL-REVENUES> 172,372 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 61,239 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 111,133 <INCOME-TAX> 0 <INCOME-CONTINUING> 111,133 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 111,133 <EPS-PRIMARY> 9.22 <EPS-DILUTED> 9.22