<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEET OF THE REGISTRANT AS OF APRIL 30, 2000 AND JANUARY 31, 2000 AND THE
STATEMENTS OF OPERATIONS OF THE REGISTRANT FOR THE THREE MONTHS ENDED APRIL 30,
2000 AND 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.


                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JAN-31-2001
<PERIOD-START>                             FEB-01-2000
<PERIOD-END>                               APR-30-2000
<CASH>                                         225,846
<SECURITIES>                                         0
<RECEIVABLES>                                  595,715
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                      64,125,135
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              64,946,696
<CURRENT-LIABILITIES>                                0
<BONDS>                                     56,070,316
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                   8,876,381
<TOTAL-LIABILITY-AND-EQUITY>                64,946,696
<SALES>                                              0
<TOTAL-REVENUES>                             3,321,309
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                             2,334,537
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             840,827
<INCOME-PRETAX>                                392,489
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            392,489
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   392,489
<EPS-BASIC>                                        .16
<EPS-DILUTED>                                      .10

<F1>The Registrant utilizes an unclassified Balance Sheet. Therefore, the captions
"TOTAL CURRENT ASSETS" and "TOTAL CURRENT LIABILITIES" are not applicable.