<ARTICLE> 5 <PERIOD-TYPE> 9-mos <FISCAL-YEAR-END> Dec-31-1997 <PERIOD-END> Sep-30-1997 <CASH> 1,876,806 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 21,605,442 <DEPRECIATION> 10,842,640 <TOTAL-ASSETS> 12,753,455 <CURRENT-LIABILITIES> 522,067 <BONDS> 9,859,357 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 2,372,031 <TOTAL-LIABILITY-AND-EQUITY> 12,753,455 <SALES> 0 <TOTAL-REVENUES> 2,448,596 <CGS> 0 <TOTAL-COSTS> 1,107,559 <OTHER-EXPENSES> 715,056 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 631,526 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,545) <EPS-PRIMARY> (.69) <EPS-DILUTED> (.69)