UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND,
A MICHIGAN LIMITED PARTNERSHIP
BALANCE SHEETS
ASSETS	September 30,2002		December 31, 2001
	(Unaudited)
Properties:
Land	$5,280,000		$5,280,000
Buildings And Improvements	25,202,870		24,444,204
Furniture And Fixtures	229,660		207,164
	30,712,530		29,931,368
Less Accumulated Depreciation	12,815,803		12,196,191
	17,896,727		17,735,177
Cash And Cash Equivalents	647,516		902,752
Cash -Security Escrow	305,158		305,158
Unamortized Finance Costs	388,048		452,548
Manufactured Homes and Improvements	1,047,474		1,126,173
Other Assets	1,119,336		832,244
Total Assets	$21,404,259		$21,354,052
LIABILITIES and PARTNERS' DEFICIT	September 30,2002		December 31, 2001
	(Unaudited)
Line of Credit	$195,755		$270,755
Accounts Payable	212,586		159,551
Other Liabilities	1,024,068		754,515
Mortgage Payable	32,027,414		32,273,332
Total Liabilities	$33,459,823		$33,458,153
Partners' Equity (Deficit):
General Partner	(3,527,286)		(3,183,994)
Class A Limited Partners	(9,400,151)		(9,480,901)
Class B Limited Partners	871,873		560,794
Total Partners' Deficit	(12,055,564)		(12,104,101)
Total Liabilities And
Partners' Equity	$21,404,259		$21,354,052
See Notes to Financial Statements
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