<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF INTERSTATE LAND INVESTORS II L.P. FOR THE 9 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-START> JAN-01-2000
<PERIOD-END> SEP-30-2000
<CASH> 5,485
<SECURITIES> 0
<RECEIVABLES> 39,493
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 0
<PP&E> 6,450,000
<DEPRECIATION> 0
<TOTAL-ASSETS> 6,494,977
<CURRENT-LIABILITIES> 229,285
<BONDS> 212,754
0
0
<COMMON> 0
<OTHER-SE> 6,052,938
<TOTAL-LIABILITY-AND-EQUITY> 6,494,977
<SALES> 0
<TOTAL-REVENUES> 103
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 16,156
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 15,027
<INCOME-PRETAX> 0
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (31,080)
<EPS-BASIC> 0
<EPS-DILUTED> 0
</TABLE>