<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SEPTEMBER 30, 1996 FORM 10-QSB FOR JES PROPERTIES LIMITED PARTNERSHIP AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-QSB. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 1,007,440 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,007,440 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,007,440 <CURRENT-LIABILITIES> 163,573 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 843,867 <TOTAL-LIABILITY-AND-EQUITY> 1,007,440 <SALES> 0 <TOTAL-REVENUES> 842,229 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 27,686 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 814,543 <INCOME-TAX> 0 <INCOME-CONTINUING> 814,543 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 814,543 <EPS-PRIMARY> 1.34 <EPS-DILUTED> 0