<ARTICLE> 5
      <LEGEND>
      This schedule contains summary financial information extracted from
      Johnstown/Consolidated Income Partners' 1995 Second Quarter 10-QSB and
      is qualified in its entirety by reference to such financial statements.
      </LEGEND>
      <MULTIPLIER> 1,000
             
                                   
      <PERIOD-TYPE>                   6-MOS
      <FISCAL-YEAR-END>               DEC-31-1995
      <PERIOD-END>                    JUN-30-1995
      <CASH>                              2,024
      <SECURITIES>                          730
      <RECEIVABLES>                           0
      <ALLOWANCES>                            0   
      <INVENTORY>                             0       
      <CURRENT-ASSETS>                    3,157    
      <PP&E>                             13,615
      <DEPRECIATION>                      5,166
      <TOTAL-ASSETS>                     11,606
      <CURRENT-LIABILITIES>                 279
      <BONDS>                             1,924    
      <COMMON>                                0
      <PREFERRED-MANDATORY>                   0    
      <PREFERRED>                             0
      <OTHER-SE>                          9,403
      <TOTAL-LIABILITY-AND-EQUITY>       11,606
      <SALES>                                 0  
      <TOTAL-REVENUES>                    1,210
      <CGS>                                   0
      <TOTAL-COSTS>                           0
      <OTHER-EXPENSES>                    1,021
      <LOSS-PROVISION>                        0
      <INTEREST-EXPENSE>                     88
      <INCOME-PRETAX>                         0
      <INCOME-TAX>                            0
      <INCOME-CONTINUING>                     0
      <DISCONTINUED>                          0
      <EXTRAORDINARY>                         0  
      <CHANGES>                               0
      <NET-INCOME>                          189
      <EPS-PRIMARY>                        1.45
      <EPS-DILUTED>                           0