<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 2,482,314 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,463,660 <PP&E> 63,567,576 <DEPRECIATION> 18,819,413 <TOTAL-ASSETS> 48,834,623 <CURRENT-LIABILITIES> 1,199,336 <BONDS> 29,915,975 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 17,719,312 <TOTAL-LIABILITY-AND-EQUITY> 48,834,623 <SALES> 0 <TOTAL-REVENUES> 12,419,636 <CGS> 0 <TOTAL-COSTS> 9,641,016 <OTHER-EXPENSES> 1,817,628 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,455,128 <INCOME-PRETAX> 931,443 <INCOME-TAX> 0 <INCOME-CONTINUING> 931,443 <DISCONTINUED> 0 <EXTRAORDINARY> 250,998 <CHANGES> 0 <NET-INCOME> 1,182,441 <EPS-PRIMARY> .36<F1> <EPS-DILUTED> 0 <FN> <F1>5-03(b)(20) EPS Primary-In this RELP the earnings per share indicates earning per LP unit. Included in EPS-Primary is .08 per unit related to the extraoridnary item. </FN>