<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 518,094 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 518,094 <PP&E> 6,225,018 <DEPRECIATION> 0 <TOTAL-ASSETS> 6,743,112 <CURRENT-LIABILITIES> 54,393 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 6,688,719 <TOTAL-LIABILITY-AND-EQUITY> 6,743,112 <SALES> 847,616 <TOTAL-REVENUES> 1,142,538 <CGS> 119,730 <TOTAL-COSTS> 119,730 <OTHER-EXPENSES> 626,042 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 396,766 <INCOME-TAX> 0 <INCOME-CONTINUING> 396,766 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 396,766 <EPS-PRIMARY> 11.99 <EPS-DILUTED> 11.99