UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND II,
A MICHIGAN LIMITED PARTNERSHIP
BALANCE SHEETS
ASSETS	June 30,2002		December 31, 2001
	(Unaudited)
Properties:
Land	$11,647,745		$11,662,525
Buildings And Improvements	51,015,063		50,708,179
Furniture And Fixtures	593,455		551,111
	63,256,263		62,921,815
Less Accumulated Depreciation	24,764,032		23,894,162
	38,492,231		39,027,653
Cash And Cash Equivalents	3,371,283		3,741,016
Unamortized Finance Costs	548,648		557,736
Manufactured Homes & Improvements	1,462,775		1,142,579
Other Assets	1,154,876		1,147,960
Total Assets	$45,029,813		$45,616,944
LIABILITIES & PARTNER  EQUITY	June 30,2002		December 31, 2001
	(Unaudited)
Accounts Payable	$95,005		$265,037
Other Liabilities	913,667		704,218
Notes Payable	28,486,813		28,817,758
Total Liabilities	$29,495,485		$29,787,013
Partners' Equity:
General Partner	311,006		299,427
Unit Holders	15,223,322		15,530,504
Total Partners' Equity	15,534,328		15,829,931
Total Liabilities And
Partners' Equity	$45,029,813		$45,616,944
See Notes to Financial Statements
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