UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND II,
                                                                  A MICHIGAN LIMITED PARTNERSHIP
   
     
 
STATEMENTS OF INCOME (unaudited) NINE MONTHS ENDED THREE MONTHS ENDED
Sept. 30, 2001 Sept. 30, 2000 Sept. 30, 2001 Sept. 30, 2000
Income:
  Rental Income $9,212,541 $9,205,143 $3,048,193 3,100,711 --
  Other 557,984 605,403 178,557 214,782
Total Income $9,770,525 $9,810,546 $3,226,750 3,315,493
Operating Expenses:
  Administrative Expenses
   (Including $483,395, $484,796,$159,840, and $163,473, in Property Management
   Fees Paid to an Affiliate for the Nine and Three Month Periods Ending
   September 30, 2001 and 2000 Respectively) 2,440,567 2,429,726 726,247 795,995
  Property Taxes 771,216 753,429 272,347 251,607
  Utilities 649,353 719,748 225,384 242,730
  Property Operations 1,514,611 1,629,465 579,494 660,523
  Depreciation And Amortization 1,324,367 1,382,421 442,880 440,807
  Interest 1,407,748 1,432,423 471,430 477,977
Total Operating Expenses $8,107,862 $8,347,212 $2,717,782 $2,869,639
Net Income $1,662,663 $1,463,334 $508,968 $445,854
Income Per Unit: $0.50 $0.44 $0.15 $0.13
Distribution Per Unit: $0.61 $0.57 $0.21 $0.19
Weighted Average Number Of Units
 Of Beneficial Assignment Of Limited Partnership
 Interest Outstanding During The Period Ending
 September 30, 2001 and 2000 3,303,387 3,303,387 3,303,387 3,303,387
Statement of Partners' Equity (Unaudited)
General Partner Unit Holders Total
Beginning Balance December 31, 2000 $278,319 $16,149,566 $16,427,885
Distributions 0 (2,015,066) (2,015,066)
Net Income 16,627 1,646,036 1,662,663
Balance, September 30, 2001 $294,946 $15,780,536 $16,075,482
                                                                                  See Notes to Financial Statements
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