UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND II,
A MICHIGAN LIMITED PARTNERSHIP
		STATEMENTS OF INCOME
		SIX MONTHS ENDED			THREE MONTHS ENDED
		June 30, 2004	June 30, 2003		June 30,2004	June 30, 2003
		(unaudited)	(unaudited)		(unaudited)	(unaudited)
Income:
Rental Income		$5,652,293	$5,863,051		2,819,895	2,938,849											--
Other		383,881	349,635		220,835	204,947
Home Sale Income		411,045	794,101		193,425	611,800
Total Income		$6,447,219	$7,006,787		3,234,155	3,755,596
Operating Expenses:
Administrative Expenses
(Including $299,949, $309,459, $151,004 and $156,528, in Property Management
Fees Paid to an Affiliate for the Six and Three Month Period Ending
June 30, 2004 and 2003 Respectively)		1,701,371	1,643,519		816,639	816,345
Property Taxes		556,835	537,456		278,262	268,704
Utilities		356,910	407,117		174,037	205,704
Property Operations		754,939	754,994		392,643	402,767
Depreciation And Amortization		909,480	884,411		455,354	443,504
Interest		893,485	903,291		446,557	453,997
Home Sale Expense		412,650	721,918		186,259	532,811
Total Operating Expenses		$5,585,670	$5,852,706		$2,749,751	$3,123,832
Net Income		$861,549	$1,154,081		$484,404	$631,764
Income Per Unit:		0.26	0.35		0.15	0.19
Distribution Per Unit:		0.46	0.46		0.23	0.23
Weighted Average Number Of Units
Of Beneficial Assignment Of Limited Partnership
Interest Outstanding During The Period Ending
June 30, 2004 and 2003		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, 2004		$341,724	$13,705,732		$14,047,456
Distributions		0	(1,519,557)		($1,519,557)
Net Income		8,615	852,934		$861,549
Balance as of June 30, 2004		$350,339	$13,039,109		$13,389,448
See Notes to Financial Statements
	4