<ARTICLE>                     5
<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
COMPANY'S AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30, 1997 AND
UNAUDITED INTERIM FINANCIAL STATEMENTS FOR THE QUARTER ENDED March 31, 1998, AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                            SEP-30-1998
<PERIOD-END>                                 MAR-31-1998
<CASH>                                           558,682
<SECURITIES>                                           0
<RECEIVABLES>                                    396,757
<ALLOWANCES>                                           0
<INVENTORY>                                    3,537,855
<CURRENT-ASSETS>                               5,064,122
<PP&E>                                        29,851,003
<DEPRECIATION>                                   774,196
<TOTAL-ASSETS>                                46,905,151
<CURRENT-LIABILITIES>                         10,121,748
<BONDS>                                                0
<PREFERRED-MANDATORY>                                  0
<PREFERRED>                                          316
<COMMON>                                          10,319
<OTHER-SE>                                    16,360,632
<TOTAL-LIABILITY-AND-EQUITY>                  46,905,151
<SALES>                                                0
<TOTAL-REVENUES>                               5,610,698
<CGS>                                            730,252
<TOTAL-COSTS>                                  3,747,101
<OTHER-EXPENSES>                                (932,037)
<LOSS-PROVISION>                                       0
<INTEREST-EXPENSE>                             1,179,925
<INCOME-PRETAX>                                  931,651
<INCOME-TAX>                                           0
<INCOME-CONTINUING>                              931,651
<DISCONTINUED>                                         0
<EXTRAORDINARY>                                        0
<CHANGES>                                              0
<NET-INCOME>                                     931,651
<EPS-PRIMARY>                                      (0.09)
<EPS-DILUTED>                                       0.08