| UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND, | |||||||
| A MICHIGAN LIMITED PARTNERSHIP | |||||||
| BALANCE SHEETS | |||||||
| ASSETS | June 30,2001 | December 31, 2000 | |||||
| (Unaudited) | |||||||
| Properties: | |||||||
| Land | $5,280,000 | $5,280,000 | |||||
| Buildings And Improvements | 24,391,074 | 24,350,053 | |||||
| Furniture And Fixtures | 207,165 | 201,106 | |||||
| Manufactured Homes and Improvements | 1,225,217 | 1,022,717 | |||||
| 31,103,456 | 30,853,876 | ||||||
| Less Accumulated Depreciation | 11,782,349 | 11,371,988 | |||||
| 19,321,107 | 19,481,888 | ||||||
| Cash And Cash Equivalents | 518,017 | 476,829 | |||||
| Cash -Security Escrow | 231,158 | 231,158 | |||||
| Unamortized Finance Costs | 495,548 | 538,548 | |||||
| Other Assets | 1,305,224 | 966,265 | |||||
| Total Assets | $21,871,054 | $21,694,688 | |||||
| LIABILITIES and PART. EQUITY | June 30,2001 | December 31, 2000 | |||||
| (Unaudited) | |||||||
| Line of Credit | $221,736 | $300,000 | |||||
| Accounts Payable | 161,120 | 70,908 | |||||
| Other Liabilities | 1,024,778 | 738,454 | |||||
| Mortgage Payable | 32,426,355 | 32,580,418 | |||||
| Total Liabilities | $33,833,989 | $33,689,780 | |||||
| Partners' Equity: | |||||||
| General Partner | (2,919,361) | (2,690,242) | |||||
| Class A Limited Partners | (9,448,587) | (9,503,207) | |||||
| Class B Limited Partners | 405,013 | 198,357 | |||||
| Total Partners' Equity | (11,962,935) | (11,995,092) | |||||
| Total Liabilities And | |||||||
| Partners' Equity | $21,871,054 | $21,694,688 | |||||
| See Notes to Financial Statements | |||||||
| 3 | |||||||