<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF INTERSTATE LAND INVESTORS II LIMITED PARTNERSHIP FOR THE
NINE MONTHS ENDED SEPTEMBER 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               SEP-30-1998
<CASH>                                           1,221
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                       6,534,310
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               6,570,493
<CURRENT-LIABILITIES>                          334,986
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                   6,235,507
<TOTAL-LIABILITY-AND-EQUITY>                 6,570,493
<SALES>                                              0
<TOTAL-REVENUES>                                    99
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                18,170
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              14,389
<INCOME-PRETAX>                                      0
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (32,459)
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0