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
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