<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> SEP-30-1996 <PERIOD-START> OCT-01-1995 <PERIOD-END> SEP-30-1996 <CASH> 24,097 <SECURITIES> 0 <RECEIVABLES> 29,547 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 53,644 <PP&E> 6,697,409 <DEPRECIATION> 739,995 <TOTAL-ASSETS> 6,028,296 <CURRENT-LIABILITIES> 229,660 <BONDS> 4,081,761 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 623,761 <OTHER-SE> 333,766 <TOTAL-LIABILITY-AND-EQUITY> 6,028,296 <SALES> 0 <TOTAL-REVENUES> 617,164 <CGS> 0 <TOTAL-COSTS> 301,664 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 334,096 <INCOME-PRETAX> (5,754) <INCOME-TAX> 13,614 <INCOME-CONTINUING> (19,368) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (19,368) <EPS-PRIMARY> 0 <EPS-DILUTED> 0