<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF NATIONAL PROPERTIES INVESTMENT TRUST AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 64,395 <SECURITIES> 0 <RECEIVABLES> 25,925 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 133,057 <PP&E> 1,561,142 <DEPRECIATION> 637,656 <TOTAL-ASSETS> 1,056,543 <CURRENT-LIABILITIES> 41,873 <BONDS> 585,117 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 11,735,447 <TOTAL-LIABILITY-AND-EQUITY> 1,056,543 <SALES> 0 <TOTAL-REVENUES> 178,648 <CGS> 0 <TOTAL-COSTS> 122,364 <OTHER-EXPENSES> (51,010) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 30,945 <INCOME-PRETAX> 5,274 <INCOME-TAX> 0 <INCOME-CONTINUING> 5,274 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,274 <EPS-PRIMARY> 0.01 <EPS-DILUTED> 0.01