[ARTICLE] 5
[LEGEND]
Registrant is a limited partnership which invests in real estate joint
ventures. In accordance with industry practice, its balance sheet is
unclassified. For full information, refer to the accompanying unaudited
financial statements.
[/LEGEND]
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-2000
[PERIOD-END] APR-30-2000
[CASH] 1,256,960
[SECURITIES] 0
[RECEIVABLES] 0
[ALLOWANCES] 0
[INVENTORY] 0
[CURRENT-ASSETS] 0
[PP&E] 0
[DEPRECIATION] 0
[TOTAL-ASSETS] 3,878,752<F1>
[CURRENT-LIABILITIES] 0
[BONDS] 0
[PREFERRED-MANDATORY] 0
[PREFERRED] 0
[COMMON] 0
[OTHER-SE] 3,644,023<F2>
[TOTAL-LIABILITY-AND-EQUITY] 3,878,752<F3>
[SALES] 0
[TOTAL-REVENUES] 160,633<F4>
[CGS] 0
[TOTAL-COSTS] 0
[OTHER-EXPENSES] 120,442
[LOSS-PROVISION] 0
[INTEREST-EXPENSE] 0
[INCOME-PRETAX] 40,191
[INCOME-TAX] 0
[INCOME-CONTINUING] 40,191
[DISCONTINUED] 0
[EXTRAORDINARY] 0
[CHANGES] 0
[NET-INCOME] 40,191
[EPS-BASIC] 0.20<F5>
[EPS-DILUTED] 0
<FN>
<F1>In addition to cash and receivables, total assets include investment in
joint venture of $2,502,232 and other assets of $119,560.
<F2>Other Stockholders' Equity represents partners' capital.
<F3>Liabilities include accounts payable and other liabilities of $234,729.
<F4>Total revenue includes equity in earnings of joint venture of $126,870
and interest and other revenues of $33,763.
<F5>Represents net income per Unit of limited partnership interest.
</FN>
</TABLE>
