UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND II,
                             A MICHIGAN LIMITED PARTNERSHIP
                                                BALANCE SHEETS
ASSETS September 30,2001 December 31, 2000
(Unaudited)
Properties:
  Land $11,662,525 $11,662,525
  Buildings And Improvements 50,489,801 50,263,748
  Furniture And Fixtures 546,358 506,322
  Manufactured Homes and Improvements 1,396,755 1,495,538
64,095,439 63,928,133
  Less Accumulated Depreciation 23,570,810 22,262,202
    40,524,629 41,665,931
Cash And Cash Equivalents 4,039,190 3,155,170
Unamortized Finance Costs 562,893 578,652
Other Assets 1,088,873 1,142,806
Total Assets $46,215,585 $46,542,559
LIABILITIES & PARTNERS'  EQUITY          September 30,2001 December 31, 2000
            (Unaudited)
 Accounts Payable $183,497 $179,442
 Other Liabilities 1,037,328 725,874
 Notes Payable 28,919,278 29,209,358
Total Liabilities $30,140,103 $30,114,674
Partners' Equity:
  General Partner 294,946 278,319
   Unit Holders 15,780,536 16,149,566
Total Partners' Equity 16,075,482 16,427,885
Total Liabilities And
  Partners' Equity $46,215,585 $46,542,559
 
                                        See Notes to Financial Statements
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