UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND II,
                                                                  A MICHIGAN LIMITED PARTNERSHIP
   
     
 
STATEMENTS OF OPERATIONS       THREE MONTHS ENDED
March 31, 2005 March 31, 2004
(unaudited) (unaudited)
Income:
  Rental Income $2,567,737 $2,832,398 --
  Other 186,137 163,046
  Home Sale Income 278,166 217,620
Total Income $3,032,040 $3,213,064
Operating Expenses:
  Administrative Expenses
   (Including $136,701 and $148,945, in Property Management
   Fees Paid to an Affiliate for the Three Month Period Ending
   March 31, 2005 and 2004 Respectively) 833,135 884,732
  Property Taxes 275,070 278,573  
  Utilities 168,728 182,873
  Property Operations 377,479 362,296
  Depreciation And Amortization 472,886 454,126
  Interest 434,304 446,928
  Home Sale Expense 290,498 226,391
Total Operating Expenses $2,852,100 $2,835,919
Net Income $179,940 $377,145
Income Per Unit: 0.05 0.11
Distribution Per Unit: 0.23 0.23
 
Weighted Average Number Of Units
 Of Beneficial Assignment Of Limited Partnership
 Interest Outstanding During The Period Ending
 March  31, 2005 and 2004 3,303,387 3,303,387
STATEMENT OF PARTNERS' EQUITY (Unaudited)
      General Partner Unit Holders Total
Balance, January 1, 2005 $355,475 $12,027,993 $12,383,468
Distributions               (759,779)               (759,779)
Net Income                  1,799                 178,141 $179,940
Balance as of March 31, 2005 $357,274 $11,446,355 $11,803,629
                                                                                  See Notes to Financial Statements
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