UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND II,
                                                                  A MICHIGAN LIMITED PARTNERSHIP
   
     
 
STATEMENTS OF INCOME       SIX MONTHS ENDED THREE MONTHS ENDED
June 30, 2002 June 30, 2001 June 30,2002   June 30, 2001
(unaudited) (unaudited) (unaudited) (unaudited)
Income:
  Rental Income $5,953,389 $6,164,348 2,949,429 3,064,758 --
  Other 410,281 365,298 263,944 172,841
   Home Sale Income 363,000 611,153 194,564 460,153
Total Income $6,726,670 $7,140,799 3,407,937 3,697,752
Operating Expenses:
  Administrative Expenses
   (Including $311,545, $323,555, $156,921 and $162,683, in Property Management
   Fees Paid to an Affiliate for the Six and Three Month Period Ending
   June 30, 2001 and 2000 Respectively) 1,569,913 1,591,258 729,171 803,964
  Property Taxes 540,330 498,869 270,096 257,064
  Utilities 426,073 423,969 211,258 215,826
  Property Operations 875,055 935,117 459,383 512,457
  Depreciation And Amortization 880,328 881,487 449,101 431,250
  Interest 918,647 936,318 460,601 469,508
  Home Sale Expense 358,437 720,086 173,342 510,656
Total Operating Expenses $5,568,783 $5,987,104 $2,752,952 $3,200,725
Net Income $1,157,887 $1,153,695 $654,985 $497,027
Income Per Unit: 0.35 0.35 0.20 0.15
Distribution Per Unit: 0.44 0.40 0.23 0.21
Weighted Average Number Of Units
 Of Beneficial Assignment Of Limited Partnership
 Interest Outstanding During The Period Ending
 June 30, 2002 and 2001 3,303,387 3,303,387 3,303,387 3,303,387
STATEMENT OF PARTNERS' EQUITY (Unaudited)
General Partner Unit Holders Total
Balance, January 1, 2001 $299,427 $15,530,504 $15,829,931
Distributions 0 (1,453,490) (1,453,490)
Net Income 11,579 1,146,308 $1,157,887
Balance as of June 30, 2002 $311,006 $15,223,322 $15,534,328
                                                                                  See Notes to Financial Statements
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