ALL-STATE PROPERTIES L.P.
(A LIMITED PARTNERSHIP)
EXHIBIT 27 - FINANCIAL DATA SCHEDULE
AS OF AND FOR THE PERIOD ENDED DECEMBER 31, 1996 AND
SEPTEMBER 30, 1996
UNAUDITED
SIX MONTHS THREE MONTHS
ENDED ENDED
DECEMBER 31, SEPTEMBER 30,
1996 1996
Cash $ 4,817 $ 8,423
Receivables 3,485 2,930
Real estate held for sale and development 42,968 105,635
Total assets 55,843 121,833
Notes payable 487,597 528,886
Convertible subordinated debentures 2,400,723 2,384,452
Partners' deficit (3,915,359) (3,846,590)
Total liabilities and partners' (deficit) 55,843 121,833
Net sales of real estate 242,500 175,000
Total revenues 207,638 157,205
Cost of real estate sold 177,761 108,419
Total cost and expenses 268,902 149,700
Net income (loss) (61,264) 7,505
Income (loss) per partnership unit (0.02) 0.00
SIGNATURES
Pursuant to the requirement of the Securities Exchange Act of 1934, Registrant
has duly caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
ALL-STATE PROPERTIES L.P.
By:
STANLEY R. ROSENTHAL
General Partner
Dated: April 14, 1997