<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 1,630,552 <SECURITIES> 2,378,109 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,122,147 <PP&E> 63,194,917 <DEPRECIATION> 17,057,071 <TOTAL-ASSETS> 52,652,238 <CURRENT-LIABILITIES> 1,346,535 <BONDS> 30,045,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 21,260,703 <TOTAL-LIABILITY-AND-EQUITY> 52,652,238 <SALES> 0 <TOTAL-REVENUES> 11,922,526 <CGS> 0 <TOTAL-COSTS> 8,904,491 <OTHER-EXPENSES> 1,792,127 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 58,652 <INCOME-PRETAX> 1,167,256 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,167,256 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,167,256 <EPS-PRIMARY> .35<F1> <EPS-DILUTED> .00 <FN> <F1>IN THIS RELP THE EARNINGS PER SHARE INDICATES EARNINGS PER LP UNIT. </FN>