UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND,
A MICHIGAN LIMITED PARTNERSHIP
BALANCE SHEETS
ASSETS	June 30,2002		December 31, 2001
	(Unaudited)
Properties:
Land	$5,280,000		$5,280,000
Buildings And Improvements	25,130,132		24,444,204
Furniture And Fixtures	229,660		207,164
	30,639,792		29,931,368
Less Accumulated Depreciation	12,609,752		12,196,191
	18,030,040		17,735,177
Cash And Cash Equivalents	538,438		902,752
Cash -Security Escrow	305,158		305,158
Unamortized Finance Costs	409,548		452,548
Manufactured Homes and Improvements	1,172,553		1,126,173
Other Assets	980,255		832,244
Total Assets	$21,435,992		$21,354,052
LIABILITIES and PART. EQUITY	June 30,2002		December 31, 2001
	(Unaudited)
Line of Credit	$195,755		$270,755
Accounts Payable	116,747		159,551
Other Liabilities	1,054,373		754,515
Mortgage Payable	32,106,253		32,273,332
Total Liabilities	$33,473,128		$33,458,153
Partners' Equity:
General Partner	(3,406,201)		(3,183,994)
Class A Limited Partners	(9,408,468)		(9,480,901)
Class B Limited Partners	777,533		560,794
Total Partners' Equity	(12,037,136)		(12,104,101)
Total Liabilities And
Partners' Equity	$21,435,992		$21,354,052
See Notes to Financial Statements
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