<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 2,338,398 <SECURITIES> 0 <RECEIVABLES> 15,949 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,354,347 <PP&E> 11,520,400 <DEPRECIATION> 0 <TOTAL-ASSETS> 13,874,747 <CURRENT-LIABILITIES> 102,327 <BONDS> 1,172,249 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 12,600,171 <TOTAL-LIABILITY-AND-EQUITY> 13,874,747 <SALES> 2,008,448 <TOTAL-REVENUES> 2,146,994 <CGS> 605,944 <TOTAL-COSTS> 605,944 <OTHER-EXPENSES> 654,289 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 886,761 <INCOME-TAX> 0 <INCOME-CONTINUING> 886,761 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 886,761 <EPS-PRIMARY> 21.99 <EPS-DILUTED> 21.99