UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND II,
A MICHIGAN LIMITED PARTNERSHIP
BALANCE SHEETS
ASSETS	March 31,2005		December 31, 2004
	(Unaudited)
Properties:
Land	$11,666,645		$11,666,645
Buildings And Improvements	52,239,458		52,136,962
Furniture And Fixtures	653,926		651,482
	64,560,029		64,455,089
Less Accumulated Depreciation	(29,631,849)		(29,164,191)
	34,928,180		35,290,898
Cash And Cash Equivalents	1,446,259		2,017,513
Unamortized Finance Costs	489,759		494,988
Manufactured Homes and Improvements	1,457,277		1,131,572
Other Assets	1,596,938		1,814,430
Total Assets	$39,918,413		$40,749,401
LIABILITIES & PARTNERS' EQUITY	March 31,2005		December 31, 2004
	(Unaudited)
Accounts Payable	$272,514		$412,513
Other Liabilities	633,805		613,116
Notes Payable	27,208,465		27,340,304
Total Liabilities	28,114,784		28,365,933
Partners' Equity:
General Partner	357,274		355,475
Unit Holders	11,446,355		12,027,993
Total Partners' Equity	11,803,629		12,383,468
Total Liabilities And
Partners' Equity	$39,918,413		$40,749,401
See Notes to Financial Statements
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