<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> SEP-30-1999 <PERIOD-START> OCT-01-1998 <PERIOD-END> JUN-30-1999 <CASH> 147,667 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 147,667 <PP&E> 5,980,536 <DEPRECIATION> 1,086,400 <TOTAL-ASSETS> 5,950,948 <CURRENT-LIABILITIES> 193,998 <BONDS> 3,754,682 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 623,761 <OTHER-SE> 700,011 <TOTAL-LIABILITY-AND-EQUITY> 5,950,948 <SALES> 0 <TOTAL-REVENUES> 494,226 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 241,981 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 257,891 <INCOME-PRETAX> (11,095) <INCOME-TAX> 9,640 <INCOME-CONTINUING> (20,735) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (20,735) <EPS-BASIC> 0 <EPS-DILUTED> 0