<ARTICLE> 5 <CIK> 0000745895 <NAME> BOETTCHER PENSION INVESTORS, LTD. <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> OCT-31-1995 <PERIOD-START> NOV-01-1994 <PERIOD-END> OCT-31-1995 <CASH> 515,751 <SECURITIES> 0 <RECEIVABLES> 127,870 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 8,582,007 <DEPRECIATION> (531,549) <TOTAL-ASSETS> 7,704,500 <CURRENT-LIABILITIES> 0 <BONDS> 5,840,260 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 7,704,500 <SALES> 0 <TOTAL-REVENUES> 1,519,252 <CGS> 0 <TOTAL-COSTS> 1,249,965 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 557,948 <INCOME-PRETAX> 954,143 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 954,143 <EPS-PRIMARY> 0 <EPS-DILUTED> 0