UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND
A MICHIGAN LIMITED PARTNERSHIP
STATEMENTS OF INCOME (Unaudited)
			NINE MONTHS ENDED			THREE MONTHS ENDED
			Sept. 30,2002	Sept. 30,2001		Sept. 30,2002	Sept. 30,2001
			(unaudited)	(unaudited)		(unaudited)	(unaudited)
Income:
Rental Income			$6,425,105	$6,349,385		$2,119,749	$2,114,167													--
Home Sale Income			$1,529,562	$779,362		$443,450	$322,642
Other			344,515	326,655		114,697	104,492
Total Income			$8,299,182	$7,455,402		$2,677,896	$2,541,301
Operating Expenses:
Administrative Expenses
(Including $337,754,$334,906,$111,499 and
$112,093 in Property Management
Fees Paid to An Affiliate for the Nine and Three Month Periods
Ended Sept. 30, 2002 and 2001, Respectively)			1,377,000	1,323,593		460,214	431,120
Property Taxes			652,590	634,057		217,488	210,568
Utilities			408,533	425,192		133,995	134,149
Property Operations			900,878	766,541		300,346	233,540
Depreciation And Amortization			684,112	680,041		227,550	226,680
Interest			2,010,884	2,031,336		675,111	681,930
Home Sale Expense			1,437,898	715,957		422,370	286,849
Total Operating Expenses			$7,471,895	$6,576,717		$2,437,074	$2,204,836
Net Income			$827,287	$878,685		$240,822	$336,465
Income Per Limited Partnership Unit:
Class A			$12.99	$14.67		$3.41	$6.22
Class B			$40.84	$41.57		$12.66	$14.67
Distribution Per Limited Partnership Unit
Class A			$9.00	$8.75		$3.00	$3.00
Class B			$9.00	$8.75		$3.00	$3.00
Weighted Average Number Of Limited
Partnership Units Outstanding
Class A			20,230	20,230		20,230	20,230
Class B			9,770	9,770		9,770	9,770
STATEMENT OF PARTNERS' DEFICIT (unaudited)
			General Partner		Class A Limited	Class B Limited
Beginning Balance as of December 31, 2001			($3,183,994)		($9,480,901)	$560,794
Net Income			165,458		262,820	399,009
Distributions			(508,750)		(182,070)	(87,930)
Balance as of September 30,2002			($3,527,286)		($9,400,151)	$871,873
See Notes to Financial Statements
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