<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONDENSED BALANCE SHEET AND CONDENSED STATEMENTS OF INCOME AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH 10-QSB FOR THE PERIOD ENDED JUNE 30, 1995.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               JUN-30-1995
<CASH>                                         751,113
<SECURITIES>                                         0
<RECEIVABLES>                                  259,532
<ALLOWANCES>                                    45,000
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               3,233,678
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<COMMON>                                     2,090,108
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     995,447
<TOTAL-LIABILITY-AND-EQUITY>                 3,233,678
<SALES>                                              0
<TOTAL-REVENUES>                               474,968
<CGS>                                                0
<TOTAL-COSTS>                                  354,464
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                120,504
<INCOME-TAX>                                     1,900
<INCOME-CONTINUING>                            118,604
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                203,897
<CHANGES>                                            0
<NET-INCOME>                                   322,501
<EPS-PRIMARY>                                      .15
<EPS-DILUTED>                                      .15
<FN>
<F1>THIS COMPANY IS A REAL ESTATE INVESTMENT TRUST.  THEREFORE, SEVERAL OF THE
ITEMS REQUESTED ARE NOT SPECIFICALLY IDENTIFIED ON THE 10QSB.  A $3600.00 
PROVISION FOR DOUBTFUL ACCOUNTS IS INCLUDED WITH OTHER EXPENSES ON THE INCOME 
STATEMENT.
</FN>