<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> NOV-30-1995 <PERIOD-END> AUG-31-1995 <CASH> 1,334,251 <SECURITIES> 000 <RECEIVABLES> 000 <ALLOWANCES> 000 <INVENTORY> 000 <CURRENT-ASSETS> 000 <PP&E> 27,875,952 <DEPRECIATION> 9,428,473 <TOTAL-ASSETS> 19,976,657 <CURRENT-LIABILITIES> 000 <BONDS> 8,595,630 <COMMON> 000 <PREFERRED-MANDATORY> 000 <PREFERRED> 000 <OTHER-SE> 10,759,643 <TOTAL-LIABILITY-AND-EQUITY> 19,976,657 <SALES> 000 <TOTAL-REVENUES> 3,292,477 <CGS> 000 <TOTAL-COSTS> 1,473,186 <OTHER-EXPENSES> 934,767 <LOSS-PROVISION> 000 <INTEREST-EXPENSE> 740,856 <INCOME-PRETAX> 000 <INCOME-TAX> 000 <INCOME-CONTINUING> 000 <DISCONTINUED> 000 <EXTRAORDINARY> 000 <CHANGES> 000 <NET-INCOME> 59,676 <EPS-PRIMARY> .58 <EPS-DILUTED> .58