SCHEDULE III

12 Months Ended

Dec. 31, 2021

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

SCHEDULE III

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2021 (in thousands)

Column A		Column B				Column C				Column D
Description						Initial Cost
								Site, Land
								& Building		Capitalization
								Improvements		Subsequent
Name	Location	Encumbrances				Land		and Rental Homes		to Acquisition
Allentown	Memphis, TN	$	12,295			$	250	$	2,569	$	14,003
Arbor Estates	Doylestown, PA			(2	)		2,650		8,266		2,581
Auburn Estates	Orrville, OH			(4	)		114		1,174		896
Bayshore Estates	Sandusky, OH		-0-				561		9,553		2,067
Birchwood Farms	Birch Run, MI			(2	)		70		2,797		4,219
Boardwalk	Elkhart, IN		13,073	(6	)		1,796		4,768		216
Broadmore Estates	Goshen, IN		44,339	(2	)		1,120		11,136		12,006
Brookside	Berwick, PA		-0-				372		4,776		3,892
Brookview	Greenfield Ctr, NY		2,539				38		233		11,529
Camelot Village	Anderson, IN			(7	)		824		2,480		518
Camelot Woods	Altoona, PA		-0-				573		2,767		1,567
Candlewick Court	Owosso, MI		4,104				159		7,087		5,910
Carsons	Chambersburg, PA			(1	)		176		2,411		2,655
Catalina	Middletown, OH		4,586				1,008		11,735		12,567
Cedarcrest Village	Vineland, NJ		10,956				320		1,866		3,614
Chambersburg	Chambersburg, PA			(1	)		108		2,397		818
Chelsea	Sayre, PA			(3	)		124		2,049		2,220
Cinnamon Woods	Conowingo, MD			(1	)		1,884		2,116		1,117
City View	Lewistown, PA		-0-				137		613		1,530
Clinton	Tiffin, OH		3,227				142		3,302		484
Collingwood	Horseheads, NY			(1	)		196		2,318		3,426
Colonial Heights	Wintersville, OH			(2	)		67		2,383		8,076
Countryside Estates	Muncie, IN		-0-				174		1,926		6,057
Countryside Estates	Ravenna, OH			(1	)		205		2,896		5,934
Countryside Village	Columbia, TN		102,881	(1	)		394		6,917		11,537
Cranberry	Cranberry Twp, PA		6,965				182		1,923		4,489
Crestview	Athens, PA			(1	)		188		2,258		3,086
Cross Keys	Duncansville, PA		-0-				61		378		4,731
Crossroads Village	Mount Pleasant, PA			(1	)		183		1,403		220
D&R Village	Clifton Park, NY		7,013				392		704		3,728
Dallas Mobile Home	Toronto, OH			(1	)		276		2,729		3,500
Deer Meadows	New Springfield, OH			(1	)		226		2,299		3,861
Deer Run	Dothan, AL		-0-				298		4,242		1,610
Evergreen Estates	Lodi, OH			(1	)		99		1,121		586
Evergreen Manor	Bedford, OH		-0-				49		2,372		1,522
Evergreen Village	Mantua, OH			(1	)		105		1,277		1,202
Fairview Manor	Millville, NJ		14,739				216		1,167		11,029
Fifty One Estates	Elizabeth, PA			(1	)		1,214		5,746		2,892
Forest Creek	Elkhart, IN			(2	)		440		7,004		2,479
Forest Park	Cranberry Twp, PA		7,652				75		977		9,623
Fox Chapel Village	Cheswick, PA		-0-				372		4,082		3,574
Frieden Manor	Schuylkill Haven, PA		12,320	(3	)		643		5,294		4,670
Friendly Village	Perrysburg, OH		6,650				1,215		18,141		9,510
Green Acres	Chambersburg, PA		-0-				63		584		147
Gregory Courts	Honey Brook, PA			(2	)		370		1,220		1,266
Hayden Heights	Dublin, OH		1,914				248		2,148		948
Heather Highlands	Inkerman, PA		-0-				573		2,152		14,406
High View Acres	Apollo, PA			(1	)		825		4,264		592
Highland	Elkhart, IN			(2	)		510		7,084		5,980
Highland Estates	Kutztown, PA		15,419				145		1,695		12,724
Hillcrest Crossing	Lower Burrell, PA			(1	)		961		1,464		8,736
Hillcrest Estates	Marysville, OH			(1	)		1,277		3,034		5,630

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2021 (in thousands)

Column A		Column B				Column C				Column D
Description						Initial Cost
								Site, Land
								&Building		Capitalization
								Improvements		Subsequent
Name	Location	Encumbrances				Land		and Rental Homes		to Acquisition
Hillside Estates	Greensburg, PA	$		(5	)	$	484	$	2,679	$	3,648
Holiday Village	Nashville, TN		7,282				1,632		5,618		13,300
Holiday Village	Elkhart, IN		7,811				491		13,808		8,593
Holly Acres	Erie, PA		6,031				194		3,591		1,288
Hudson Estates	Peninsula, OH			(1	)		141		3,516		5,900
Huntingdon Pointe	Tarrs, PA			(1	)		399		865		2,173
Independence Park	Clinton, PA		7,418	(5	)		686		2,784		4,996
Iris Winds	Sumter, SC		-0-				121		3,324		699
Kinnebrook	Monticello, NY		3,700				236		1,403		14,731
Lake Erie Estates	Fredonia, NY		2,604				104		4,391		2,600
Lake Sherman	Navarre, OH		5,060				290		1,458		14,582
Lakeview Meadows	Lakeview, OH			(1	)		574		1,104		1,999
Laurel Woods	Cresson, PA		-0-				433		2,070		5,721
Little Chippewa	Orrville, OH			(4	)		113		1,135		2,739
Maple Manor	Taylor, PA		-0-				674		9,433		7,845
Marysville Estates	Marysville, OH			(1	)		810		4,556		7,962
Meadowood	New Middletown, OH			(2	)		152		3,191		5,140
Meadows	Nappanee, IN		-0-				549		6,721		10,904
Meadows of Perrysburg	Perrysburg, OH		2,825				2,146		5,541		1,004
Melrose Village	Wooster, OH		6,523	(4	)		767		5,429		7,526
Melrose West	Wooster, OH			(4	)		94		1,040		118
Memphis Blues	Memphis, TN		-0-				78		810		12,023
Monroe Valley	Jonestown, PA			(3	)		114		994		715
Moosic Heights	Avoca, PA		-0-				330		3,794		3,902
Mount Pleasant Village	Mount Pleasant, PA			(1	)		280		3,502		1,528
Mountaintop	Narvon, PA			(3	)		134		1,665		1,593
New Colony	West Mifflin, PA			(1	)		429		4,129		1,712
Northtowne Meadows	Erie, PA		11,576				1,272		23,859		2,732
Oak Ridge	Elkhart, IN			(2	)		500		7,524		3,553
Oakwood Lake	Tunkhannock, PA		-0-				379		1,639		2,352
Olmsted Falls	Olmsted Township, OH		1,915				569		3,031		2,362
Oxford	West Grove, PA		14,985				175		991		2,885
Parke Place	Elkhart, IN			(6	)		4,317		10,341		6,267
Perrysburg Estates	Perrysburg, OH		1,526				399		4,047		5,834
Pikewood Manor	Elyria, OH		13,766				1,053		22,068		16,100
Pine Ridge/Pine Manor	Carlisle, PA		-0-				38		198		10,757
Pine Valley	Apollo, PA		-0-				670		1,337		8,979
Pleasant View	Bloomsburg, PA		-0-				282		2,175		2,924
Port Royal	Belle Vernon, PA		-0-				150		2,492		16,011
Redbud Estates	Anderson, IN		12,661	(7	)		1,739		15,091		6,251
River Valley	Marion, OH		-0-				236		785		8,943
Rolling Hills Estates	Carlisle, PA			(1	)		301		1,419		2,415
Rostraver Estates	Belle Vernon, PA			(5	)		814		2,204		2,565
Sandy Valley	Magnolia, OH		-0-				270		1,941		12,805
Shady Hills	Nashville, TN		4,563				337		3,379		4,458
Somerset/Whispering	Somerset, PA			(1	)		1,485		2,050		9,437
Southern Terrace	Columbiana, OH			(2	)		63		3,387		685
Southwind	Jackson, NJ		21,907	(8	)		100		603		3,245
Spreading Oaks	Athens, OH		-0-				67		1,327		4,415
Springfield Meadows	Springfield, OH		2,914				1,230		3,093		2,340
Suburban Estates	Greensburg, PA		5,126				299		5,837		5,147
Summit Estates	Ravenna, OH			(1	)		198		2,779		4,327
Summit Village	Marion, IN		-0-				522		2,821		2,374
Sunny Acres	Somerset, PA		5,706				287		6,114		3,383
Sunnyside	Eagleville, PA			(2	)		450		2,674		945
Trailmont	Goodlettsville, TN		3,042				411		1,867		3,694
Twin Oaks	Olmsted Township, OH		5,809				823		3,527		2,308
Twin Pines	Goshen, IN			(2	)		650		6,307		5,529

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2021 (in thousands)

Column A		Column B				Column C					Column D
Description						Initial Cost
								Site, Land
								& Building			Capitalization
								Improvements			Subsequent
Name	Location	Encumbrances				Land		and Rental Homes			to Acquisition
Valley High	Ruffs Dale, PA	$		(5)		$	284	$	2,267		$2,447
Valley Hills	Ravenna, OH		3,152				996		6,542		9,613
Valley Stream	Mountaintop, PA		-0-				323		3,191		1,242
Valley View HB	Honeybrook, PA			(2	)		1,380		5,348		4,518
Valley View I	Ephrata, PA			(3	)		191		4,359		1,220
Valley View II	Ephrata, PA			(3	)		72		1,746		76
Voyager Estates	West Newton, PA			(1	)		742		3,143		5,044
Waterfalls	Hamburg, NY		4,293				424		3,812		5,646
Wayside	Bellefontaine, OH			(1	)		196		1,080		2,669
Weatherly Estates	Lebanon, TN		7,422				1,184		4,034		4,142
Wellington Estates	Export, PA		2,205				896		6,179		5,762
Wood Valley	Caledonia, OH		-0-				260		1,753		6,369
Woodland Manor	West Monroe, NY			(1	)		77		841		4,825
Woodlawn	Eatontown, NJ			(8	)		157		281		2,050
Woods Edge	West Lafayette, IN		5,628				1,808		13,321		9,423
Worthington Arms	Lewis Center, OH		8,580				437		12,706		6,208
Youngstown Estates	Youngstown, NY			(4	)		269		1,606		1,837
		$	456,702			$	66,905	$	504,964	$	626,234

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2021 (in thousands)

Column A		Column E (9) (10)						Column F
Description		Gross Amount at Which Carried at 12/31/21
				Site, Land
				& Building
				Improvements and				Accumulated
Name	Location	Land		Rental Homes		Total		Depreciation
Allentown	Memphis, TN	$	703	$	16,119	$	16,822	$	7,547
Arbor Estates	Doylestown, PA		2,650		10,847		13,497		3,117
Auburn Estates	Orrville, OH		114		2,070		2,184		509
Bayshore Estates	Sandusky, OH		560		11,621		12,181		224
Birchwood Farms	Birch Run, MI		70		7,016		7,086		1,895
Boardwalk	Elkhart, IN		1,796		4,984		6,780		863
Broadmore Estates	Goshen, IN		1,120		23,142		24,262		6,648
Brookside	Berwick, PA		372		8,668		9,040		2,524
Brookview	Greenfield Ctr, NY		123		11,677		11,800		3,625
Camelot Village	Anderson, IN		828		2,994		3,822		363
Camelot Woods	Altoona, PA		766		4,141		4,907		201
Candlewick Court	Owosso, MI		159		12,997		13,156		3,189
Carsons	Chambersburg, PA		176		5,066		5,242		1,217
Catalina	Middletown, OH		1,008		24,302		25,310		4,991
Cedarcrest Village	Vineland, NJ		408		5,392		5,800		3,178
Chambersburg	Chambersburg, PA		118		3,205		3,323		1,003
Chelsea	Sayre, PA		124		4,269		4,393		1,097
Cinnamon Woods	Conowingo, MD		1,884		3,233		5,117		437
City View	Lewistown, PA		137		2,143		2,280		616
Clinton	Tiffin, OH		142		3,786		3,928		1,324
Collingwood	Horseheads, NY		196		5,744		5,940		1,389
Colonial Heights	Wintersville, OH		67		10,459		10,526		2,328
Countryside Estates	Muncie, IN		174		7,983		8,157		1,843
Countryside Estates	Ravenna, OH		205		8,830		9,035		2,014
Countryside Village	Columbia, TN		609		18,239		18,848		5,601
Cranberry	Cranberry Twp, PA		182		6,412		6,594		3,543
Crestview	Athens, PA		362		5,170		5,532		1,238
Cross Keys	Duncansville, PA		61		5,109		5,170		1,863
Crossroads Village	Mount Pleasant, PA		183		1,623		1,806		266
D&R Village	Clifton Park, NY		392		4,432		4,824		2,415
Dallas Mobile Home	Toronto, OH		276		6,229		6,505		1,252
Deer Meadows	New Springfield, OH		226		6,160		6,386		1,333
Deer Run	Dothan, AL		301		5,850		6,151		192
Evergreen Estates	Lodi, OH		119		1,687		1,806		439
Evergreen Manor	Bedford, OH		49		3,894		3,943		951
Evergreen Village	Mantua, OH		105		2,479		2,584		617
Fairview Manor	Millville, NJ		2,535		9,877		12,412		6,203
Fifty One Estates	Elizabeth, PA		1,330		8,522		9,852		648
Forest Creek	Elkhart, IN		440		9,483		9,923		3,202
Forest Park	Cranberry Twp, PA		75		10,600		10,675		4,468
Fox Chapel Village	Cheswick, PA		372		7,656		8,028		888
Frieden Manor	Schuylkill Haven, PA		643		9,964		10,607		2,662
Friendly Village	Perrysburg, OH		1,266		27,600		28,866		2,216
Green Acres	Chambersburg, PA		63		731		794		226
Gregory Courts	Honey Brook, PA		370		2,486		2,856		669
Hayden Heights	Dublin, OH		248		3,096		3,344		803
Heather Highlands	Inkerman, PA		573		16,558		17,131		6,929
High View Acres	Apollo, PA		825		4,856		5,681		707
Highland	Elkhart, IN		510		13,064		13,574		4,049
Highland Estates	Kutztown, PA		404		14,160		14,564		8,355
Hillcrest Crossing	Lower Burrell, PA		961		10,200		11,161		1,280
Hillcrest Estates	Marysville, OH		1,277		8,664		9,941		1,137

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2021 (in thousands)

Column A		Column E (9) (10)						Column F
Description		Gross Amount at Which Carried at 12/31/21
					Site, Land
					&Building
					Improvements and Rental				Accumulated
Name	Location		Land		Homes		Total		Depreciation
Hillside Estates	Greensburg, PA	$	484	$	6,327	$	6,811	$	1,382
Holiday Village	Nashville, TN		1,632		18,918		20,550		3,720
Holiday Village	Elkhart, IN		491		22,401		22,892		4,849
Holly Acres	Erie, PA		194		4,879		5,073		1,103
Hudson Estates	Peninsula, OH		141		9,416		9,557		2,259
Huntingdon Pointe	Tarrs, PA		399		3,038		3,437		484
Independence Park	Clinton, PA		686		7,780		8,466		1,513
Iris Winds	Sumter, SC		122		4,021		4,143		157
Kinnebrook	Monticello, NY		353		16,017		16,370		6,961
Lake Erie Estates	Fredonia, NY		140		6,955		7,095		309
Lake Sherman	Navarre, OH		290		16,040		16,330		5,900
Lakeview Meadows	Lakeview, OH		726		2,951		3,677		500
Laurel Woods	Cresson, PA		433		7,791		8,224		3,101
Little Chippewa	Orrville, OH		113		3,874		3,987		800
Maple Manor	Taylor, PA		674		17,278		17,952		5,465
Marysville Estates	Marysville, OH		818		12,510		13,328		1,635
Meadowood	New Middletown, OH		152		8,331		8,483		2,111
Meadows	Nappanee, IN		549		17,625		18,174		3,237
Meadows of Perrysburg	Perrysburg, OH		2,182		6,509		8,691		671
Melrose Village	Wooster, OH		767		12,955		13,722		3,041
Melrose West	Wooster, OH		94		1,158		1,252		326
Memphis Blues	Memphis, TN		336		12,575		12,911		2,849
Monroe Valley	Jonestown, PA		114		1,709		1,823		491
Moosic Heights	Avoca, PA		330		7,696		8,026		2,243
Mount Pleasant Village	Mount Pleasant, PA		280		5,030		5,310		827
Mountaintop	Narvon, PA		249		3,143		3,392		760
New Colony	West Mifflin, PA		448		5,822		6,270		460
Northtowne Meadows	Erie, PA		1,313		26,550		27,863		2,505
Oak Ridge	Elkhart, IN		500		11,077		11,577		3,366
Oakwood Lake	Tunkhannock, PA		379		3,991		4,370		1,013
Olmsted Falls	Olmsted Township, OH		569		5,393		5,962		1,477
Oxford	West Grove, PA		155		3,896		4,051		2,340
Parke Place	Elkhart, IN		4,317		16,608		20,925		3,290
Perrysburg Estates	Perrysburg, OH		407		9,873		10,280		816
Pikewood Manor	Elyria, OH		1,071		38,150		39,221		3,691
Pine Ridge/Pine Manor	Carlisle, PA		145		10,848		10,993		4,655
Pine Valley	Apollo, PA		732		10,254		10,986		3,917
Pleasant View	Bloomsburg, PA		282		5,099		5,381		1,360
Port Royal	Belle Vernon, PA		505		18,148		18,653		8,575
Redbud Estates	Anderson, IN		1,753		21,328		23,081		2,404
River Valley	Marion, OH		236		9,728		9,964		4,453
Rolling Hills Estates	Carlisle, PA		301		3,834		4,135		1,068
Rostraver Estates	Belle Vernon, PA		814		4,769		5,583		1,147
Sandy Valley	Magnolia, OH		270		14,746		15,016		6,082
Shady Hills	Nashville, TN		337		7,837		8,174		2,517
Somerset/Whispering	Somerset, PA		1,489		11,483		12,972		4,751
Southern Terrace	Columbiana, OH		63		4,072		4,135		1,307
Southwind	Jackson, NJ		100		3,848		3,948		2,282
Spreading Oaks	Athens, OH		67		5,742		5,809		2,447
Springfield Meadows	Springfield, OH		1,230		5,433		6,663		788
Suburban Estates	Greensburg, PA		299		10,984		11,283		3,373
Summit Estates	Ravenna, OH		198		7,106		7,304		1,700
Summit Village	Marion, IN		522		5,195		5,717		1,079

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2021 (in thousands)

Column A		Column E (9) (10)						Column F
Description		Gross Amount at Which Carried at 12/31/21
				Site, Land
				& Building
				Improvements and Rental				Accumulated
Name	Location	Land		Homes		Total		Depreciation
Sunny Acres	Somerset, PA	$	287	$	9,497	$	9,784	$	3,162
Sunnyside	Eagleville, PA		662		3,407		4,069		990
Trailmont	Goodlettsville, TN		411		5,561		5,972		1,658
Twin Oaks	Olmsted Township, OH		998		5,660		6,658		1,756
Twin Pines	Goshen, IN		650		11,836		12,486		3,482
Valley High	Ruffs Dale, PA		284		4,714		4,998		1,033
Valley Hills	Ravenna, OH		996		16,155		17,151		3,888
Valley Stream	Mountaintop, PA		323		4,433		4,756		952
Valley View HB	Honeybrook, PA		1,380		9,866		11,246		2,607
Valley View I	Ephrata, PA		280		5,490		5,770		1,806
Valley View II	Ephrata, PA		72		1,822		1,894		604
Voyager Estates	West Newton, PA		742		8,187		8,929		1,498
Waterfalls	Hamburg, NY		424		9,458		9,882		4,937
Wayside	Bellefontaine, OH		261		3,684		3,945		439
Weatherly Estates	Lebanon, TN		1,184		8,176		9,360		4,002
Wellington Estates	Export, PA		896		11,941		12,837		1,447
Wood Valley	Caledonia, OH		260		8,122		8,382		3,721
Woodland Manor	West Monroe, NY		77		5,666		5,743		1,779
Woodlawn	Eatontown, NJ		135		2,353		2,488		1,024
Woods Edge	West Lafayette, IN		1,808		22,744		24,552		4,528
Worthington Arms	Lewis Center, OH		437		18,914		19,351		3,795
Youngstown Estates	Youngstown, NY		269		3,443		3,712		781
		$	72,744	$	1,125,359	$	1,198,103	$	295,740

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2021

Column A		Column G	Column H		Column I
Description
		Date of	Date		Depreciable
Name	Location	Construction	Acquired		Life
Allentown	Memphis, TN	prior to 1980		1986		5 to 27.5
Arbor Estates	Doylestown, PA	1959		2013		5 to 27.5
Auburn Estates	Orrville, OH	1971/1985/1995		2013		5 to 27.5
Bayshore Estates	Sandusky, OH	1969		2021		5 to 27.5
Birchwood Farms	Birch Run, MI	1976-1977		2013		5 to 27.5
Boardwalk	Elkhart, IN	1995-1996		2017		5 to 27.5
Broadmore Estates	Goshen, IN	1950/1990		2013		5 to 27.5
Brookside	Berwick, PA	1973-1976		2010		5 to 27.5
Brookview	Greenfield Ctr, NY	prior to 1970		1977		5 to 27.5
Camelot Village	Anderson, IN	1998		2018		5 to 27.5
Camelot Woods	Altoona, PA	1999		2020		5 to 27.5
Candlewick Court	Owosso, MI	1975		2015		5 to 27.5
Carsons	Chambersburg, PA	1963		2012		5 to 27.5
Catalina	Middletown, OH	1968-1976		2015		5 to 27.5
Cedarcrest Village	Vineland, NJ	1973		1986		5 to 27.5
Chambersburg	Chambersburg, PA	1955		2012		5 to 27.5
Chelsea	Sayre, PA	1972		2012		5 to 27.5
Cinnamon Woods	Conowingo, MD	2005		2017		5 to 27.5
City View	Lewistown, PA	prior to 1980		2011		5 to 27.5
Clinton	Tiffin, OH	1968/1987		2011		5 to 27.5
Collingwood	Horseheads, NY	1970		2012		5 to 27.5
Colonial Heights	Wintersville, OH	1972		2012		5 to 27.5
Countryside Estates	Muncie, IN	1996		2012		5 to 27.5
Countryside Estates	Ravenna, OH	1972		2014		5 to 27.5
Countryside Village	Columbia, TN	1988/1992		2011		5 to 27.5
Cranberry	Cranberry Twp, PA	1974		1986		5 to 27.5
Crestview	Athens, PA	1964		2012		5 to 27.5
Cross Keys	Duncansville, PA	1961		1979		5 to 27.5
Crossroads Village	Mount Pleasant, PA	1955/2004		2017		5 to 27.5
D&R Village	Clifton Park, NY	1972		1978		5 to 27.5
Dallas Mobile Home	Toronto, OH	1950-1957		2014		5 to 27.5
Deer Meadows	New Springfield, OH	1973		2014		5 to 27.5
Deer Run	Dothan, AL	1960		2021		5 to 27.5
Evergreen Estates	Lodi, OH	1965		2014		5 to 27.5
Evergreen Manor	Bedford, OH	1960		2014		5 to 27.5
Evergreen Village	Mantua, OH	1960		2014		5 to 27.5
Fairview Manor	Millville, NJ	prior to 1980		1985		5 to 27.5
Fifty One Estates	Elizabeth, PA	1970		2019		5 to 27.5
Forest Creek	Elkhart, IN	1996-1997		2013		5 to 27.5
Forest Park	Cranberry Twp, PA	prior to 1980		1982		5 to 27.5
Fox Chapel Village	Cheswick, PA	1975		2017		5 to 27.5
Frieden Manor	Schuylkill Haven, PA	1969		2012		5 to 27.5
Friendly Village	Perrysburg, OH	1970		2019		5 to 27.5
Green Acres	Chambersburg, PA	1978		2012		5 to 27.5
Gregory Courts	Honey Brook, PA	1970		2013		5 to 27.5
Hayden Heights	Dublin, OH	1973		2014		5 to 27.5
Heather Highlands	Inkerman, PA	1970		1992		5 to 27.5
High View Acres	Apollo, PA	1984		2017		5 to 27.5
Highland	Elkhart, IN	1969		2013		5 to 27.5
Highland Estates	Kutztown, PA	1971		1979		5 to 27.5
Hillcrest Crossing	Lower Burrell, PA	1971		2017		5 to 27.5
Hillcrest Estates	Marysville, OH	1995		2017		5 to 27.5

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2021

Column A		Column G	Column H		Column I
Description
		Date of	Date		Depreciable
Name	Location	Construction	Acquired		Life
Hillside Estates	Greensburg, PA	1980		2014		5 to 27.5
Holiday Village	Nashville, TN	1967		2013		5 to 27.5
Holiday Village	Elkhart, IN	1966		2015		5 to 27.5
Holly Acres	Erie, PA	1977/2007		2015		5 to 27.5
Hudson Estates	Peninsula, OH	1956		2014		5 to 27.5
Huntingdon Pointe	Tarrs, PA	2000		2015		5 to 27.5
Independence Park	Clinton, PA	1987		2014		5 to 27.5
Iris Winds	Sumter, SC	1972		2021		5 to 27.5
Kinnebrook	Monticello, NY	1972		1988		5 to 27.5
Lake Erie Estates	Fredonia, NY	1965		2020		5 to 27.5
Lake Sherman	Navarre, OH	prior to 1980		1987		5 to 27.5
Lakeview Meadows	Lakeview, OH	1995		2016		5 to 27.5
Laurel Woods	Cresson, PA	prior to 1980		2001		5 to 27.5
Little Chippewa	Orrville, OH	1968		2013		5 to 27.5
Maple Manor	Taylor, PA	1972		2010		5 to 27.5
Marysville Estates	Marysville, OH	1960s to 2015		2017		5 to 27.5
Meadowood	New Middletown, OH	1957		2012		5 to 27.5
Meadows	Nappanee, IN	1965-1973		2015		5 to 27.5
Meadows of Perrysburg	Perrysburg, OH	1998		2018		5 to 27.5
Melrose Village	Wooster, OH	1970-1978		2013		5 to 27.5
Melrose West	Wooster, OH	1995		2013		5 to 27.5
Memphis Blues	Memphis, TN	1955		1985		5 to 27.5
Monroe Valley	Jonestown, PA	1969		2012		5 to 27.5
Moosic Heights	Avoca, PA	1972		2010		5 to 27.5
Mount Pleasant Village	Mount Pleasant, PA	1977-1986		2017		5 to 27.5
Mountaintop	Narvon, PA	1972		2012		5 to 27.5
New Colony	West Mifflin, PA	1930/1973		2019		5 to 27.5
Northtowne Meadows	Erie, MI	1988		2019		5 to 27.5
Oak Ridge	Elkhart, IN	1990		2013		5 to 27.5
Oakwood Lake	Tunkhannock, PA	1972		2010		5 to 27.5
Olmsted Falls	Olmsted Township, OH	1953/1970		2012		5 to 27.5
Oxford	West Grove, PA	1971		1974		5 to 27.5
Parke Place	Elkhart, IN	1995-1996		2017		5 to 27.5
Perrysburg Estates	Perrysburg, OH	1972		2018		5 to 27.5
Pikewood Manor	Elyria, OH	1962		2018		5 to 27.5
Pine Ridge/Pine Manor	Carlisle, PA	1961		1969		5 to 27.5
Pine Valley	Apollo, PA	prior to 1980		1995		5 to 27.5
Pleasant View	Bloomsburg, PA	1960’s		2010		5 to 27.5
Port Royal	Belle Vernon, PA	1973		1983		5 to 27.5
Redbud Estates	Anderson, IN	1966/1998/2003		2018		5 to 27.5
River Valley	Marion, OH	1950		1986		5 to 27.5
Rolling Hills Estates	Carlisle, PA	1972-1975		2013		5 to 27.5
Rostraver Estates	Belle Vernon, PA	1970		2014		5 to 27.5
Sandy Valley	Magnolia, OH	prior to 1980		1985		5 to 27.5
Shady Hills	Nashville, TN	1954		2011		5 to 27.5
Somerset/Whispering	Somerset, PA	prior to 1980		2004		5 to 27.5
Southern Terrace	Columbiana, OH	1983		2012		5 to 27.5
Southwind	Jackson, NJ	1969		1969		5 to 27.5
Spreading Oaks	Athens, OH	prior to 1980		1996		5 to 27.5
Springfield Meadows	Springfield, OH	1970		2016		5 to 27.5
Suburban Estates	Greensburg, PA	1968/1980		2010		5 to 27.5
Summit Estates	Ravenna, OH	1969		2014		5 to 27.5
Summit Village	Marion, IN	2000		2018		5 to 27.5
Sunny Acres	Somerset, PA	1970		2010		5 to 27.5
Sunnyside	Eagleville, PA	1960		2013		5 to 27.5
Trailmont	Goodlettsville, TN	1964		2011		5 to 27.5

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2021

Column A		Column G	Column H		Column I
Description
		Date of	Date		Depreciable
Name	Location	Construction	Acquired		Life
Twin Oaks	Olmsted Township, OH	1952/1997		2012		5 to 27.5
Twin Pines	Goshen, IN	1956/1990		2013		5 to 27.5
Valley High	Ruffs Dale, PA	1974		2014		5 to 27.5
Valley Hills	Ravenna, OH	1960-1970		2014		5 to 27.5
Valley Stream	Mountaintop, PA	1970		2015		5 to 27.5
Valley View HB	Honeybrook, PA	1970		2013		5 to 27.5
Valley View I	Ephrata, PA	1961		2012		5 to 27.5
Valley View II	Ephrata, PA	1999		2012		5 to 27.5
Voyager Estates	West Newton, PA	1968		2015		5 to 27.5
Waterfalls	Hamburg, NY	prior to 1980		1997		5 to 27.5
Wayside	Bellefontaine, OH	1960’s		2016		5 to 27.5
Weatherly Estates	Lebanon, TN	1997		2006		5 to 27.5
Wellington Estates	Export, PA	1970/1996		2017		5 to 27.5
Wood Valley	Caledonia, OH	prior to 1980		1996		5 to 27.5
Woodland Manor	West Monroe, NY	prior to 1980		2003		5 to 27.5
Woodlawn	Eatontown, NJ	1964		1978		5 to 27.5
Woods Edge	West Lafayette, IN	1974		2015		5 to 27.5
Worthington Arms	Lewis Center, OH	1968		2015		5 to 27.5
Youngstown Estates	Youngstown, NY	1963		2013		5 to 27.5

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2021

(1)	Represents one mortgage note payable secured by twenty-eight properties.
(2)	Represents one mortgage note payable secured by thirteen properties.
(3)	Represents one mortgage note payable secured by six properties.
(4)	Represents one mortgage note payable secured by five properties.
(5)	Represents one mortgage note payable secured by four properties.
(6)	Represents one mortgage note payable secured by two properties.
(7)	Represents one mortgage note payable secured by two properties.
(8)	Represents one mortgage note payable secured by two properties.
(9)	Reconciliation

	/————FIXED ASSETS————/ (in thousands)
	12/31/21			12/31/20			12/31/19
Balance – Beginning of Year	$	1,100,256		$	1,008,104		$	874,601
Additions:
Acquisitions		8,546			7,835			56,015
Improvements		94,213			88,684			81,399
Total Additions		102,759			96,519			137,414
Deletions		(4,911	)		(4,367	)		(3,911	)
Balance – End of Year	$	1,198,104		$	1,100,256		$	1,008,104

	/——ACCUMULATED DEPRECIATION——/ (in thousands)
	12/31/21			12/31/20			12/31/19
Balance – Beginning of Year	$	254,369		$	216,332		$	182,599
Additions:
Depreciation		43,064			39,525			34,816
Total Additions		43,064			39,525			34,816
Deletions		(1,693	)		(1,488	)		(1,083	)
Balance – End of Year	$	295,740		$	254,369		$	216,332

(10) The aggregate cost for Federal tax purposes approximates historical cost.