UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND II,
A MICHIGAN LIMITED PARTNERSHIP
STATEMENTS OF INCOME		NINE MONTHS ENDED			THREE MONTHS ENDED
		September 30, 2002	September 30, 2001		September 30,2002	September 30, 2001
		(unaudited)	(unaudited)		(unaudited)	(unaudited)
Income:
Rental Income		$8,866,525	$9,212,541		2,913,136	3,048,193											--
Other		567,558	557,984		157,277	192,686
Home Sale Income		794,882	1,072,004		431,882	460,851
Total Income		$10,228,965	$10,842,529		3,502,295	3,701,730
Operating Expenses:
Administrative Expenses
(Including $464,380,$483,395,$152,835 and $159,840 in Property Management
Fees Paid to an Affiliate for the nine and Three Month Period Ending
September 30, 2002 and 2001 Respectively)		2,335,621	2,440,567		765,708	849,309
Property Taxes		810,330	771,216		270,000	272,347
Utilities		651,611	649,353		225,538	225,384
Property Operations		1,323,899	1,409,417		448,844	474,300
Depreciation And Amortization		1,323,462	1,324,367		443,134	442,880
Interest		1,381,415	1,407,748		462,768	471,430
Home Sale Expense		813,106	1,177,198		454,669	457,112
Total Operating Expenses		$8,639,444	$9,179,866		$3,070,661	$3,192,762
Net Income		$1,589,521	$1,662,663		$431,634	$508,968
Income Per Unit:		0.48	0.50		0.13	0.15
Distribution Per Unit:		0.67	0.61		0.23	0.21
Weighted Average Number Of Units
Of Beneficial Assignment Of Limited Partnership
Interest Outstanding During The Period Ending
September 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, 2002		$299,427	$15,530,504		$15,829,931
Distributions		0	(2,213,269)		(2,213,269)
Net Income		15,895	1,573,626		1,589,521
Balance as of September 30, 2002		$315,322	$14,890,861		$15,206,183
See Notes to Financial Statements
	4