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<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEET AS OF SEPTEMBER 30, 2000 AND FROM THE STATEMENT OF OPERATIONS FOR THE NINE
MONTHS ENDED SEPTEMBER 30, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> SEP-30-2000
<CASH> 546,015
<SECURITIES> 0
<RECEIVABLES> 3,022,212
<ALLOWANCES> 0
<INVENTORY> 57,111,281
<CURRENT-ASSETS> 0<F1>
<PP&E> 578,213
<DEPRECIATION> 46,812
<TOTAL-ASSETS> 66,055,144
<CURRENT-LIABILITIES> 0<F1>
<BONDS> 30,221,278
0
0
<COMMON> 3,187
<OTHER-SE> 31,770,553
<TOTAL-LIABILITY-AND-EQUITY> 66,055,144
<SALES> 9,477,235
<TOTAL-REVENUES> 9,734,771
<CGS> 7,199,453
<TOTAL-COSTS> 3,696,804
<OTHER-EXPENSES> 71,120
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 124,356
<INCOME-PRETAX> (1,704,356)
<INCOME-TAX> 0
<INCOME-CONTINUING> (1,704,356)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (1,704,356)
<EPS-BASIC> (0.53)
<EPS-DILUTED> 0
<FN>
<F1> THE COMPANY HAS AN UNCLASSIFIED BALANCE SHEET; THEREFORE, THE VALUE IS $0.
</FN>
</TABLE>
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