<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 3,540,736 <SECURITIES> 0 <RECEIVABLES> 104,184 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,644,920 <PP&E> 20,118,311 <DEPRECIATION> 5,857,207 <TOTAL-ASSETS> 17,906,024 <CURRENT-LIABILITIES> 551,303 <BONDS> 6,279,100 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 11,075,621 <TOTAL-LIABILITY-AND-EQUITY> 17,906,024 <SALES> 0 <TOTAL-REVENUES> 3,958,140 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,862,399 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 664,418 <INCOME-PRETAX> 431,323 <INCOME-TAX> 0 <INCOME-CONTINUING> 431,323 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 431,323 <EPS-PRIMARY> 0 <EPS-DILUTED> 0