<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 1,959,520 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 21,607,748 <DEPRECIATION> 11,379,848 <TOTAL-ASSETS> 12,303,638 <CURRENT-LIABILITIES> 528,932 <BONDS> 9,780,378 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,994,328 <TOTAL-LIABILITY-AND-EQUITY> 12,303,638 <SALES> 1,694,013 <TOTAL-REVENUES> 1,724,349 <CGS> 0 <TOTAL-COSTS> 699,635 <OTHER-EXPENSES> 474,136 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 416,731 <INCOME-PRETAX> 133,847 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 133,847 <EPS-PRIMARY> 1.54 <EPS-DILUTED> 1.54