UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND II,
A MICHIGAN LIMITED PARTNERSHIP
STATEMENTS OF INCOME		THREE MONTHS ENDED
		March 31, 2003	March 31, 2002
		(unaudited)	(unaudited)
Income:
Rental Income		$2,924,202	$3,003,960														--
Other		144,688	146,337
Home Sale Income		182,301	168,436
Total Income		$3,251,191	$3,318,733
Operating Expenses:
Administrative Expenses
(Including $152,931 and $156,921, in Property Management
Fees Paid to an Affiliate for the Three Month Period Ending
March 31, 2003 and 2002 Respectively)		827,174	840,742
Property Taxes		268,752	270,234
Utilities		201,413	214,815
Property Operations		352,227	415,672
Depreciation And Amortization		440,907	431,227
Interest		449,294	458,046
Home Sale Expense		189,107	185,095
Total Operating Expenses		$2,728,874	$2,815,831
Net Income		$522,317	$502,902
Income Per Unit:		0.16	0.15
Distribution Per Unit:		0.23	0.21
Weighted Average Number Of Units
Of Beneficial Assignment Of Limited Partnership
Interest Outstanding During The Period Ending
March  31, 2003 and 2002		3,303,387	3,303,387
STATEMENT OF PARTNERS' EQUITY (Unaudited)
	General Partner	Unit Holders	Total
Balance, January 1, 2003	$320,607	$14,654,262	$14,974,869
Distributions		(759,779)	(759,779)
Net Income	5,223	517,094	522,317
Balance as of March 31, 2003	$325,830	$14,411,577	$14,737,407
See Notes to Financial Statements
	4