SCHEDULE III

12 Months Ended

Dec. 31, 2022

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, 2022 (in thousands)

Column A		Column B				Column C				Column D
Description						Initial Cost
								Site, Land
								& Building		Capitalization
								Improvements		Subsequent to
Name	Location	Encumbrances				Land		and Rental Homes		Acquisition
Allentown	Memphis, TN	$	11,992			$	250	$	2,569	$	19,352
Arbor Estates	Doylestown, PA			(2	)		2,650		8,266		3,045
Auburn Estates	Orrville, OH		0				114		1,174		1,116
Bayshore Estates	Sandusky, OH		0				561		9,553		2,211
Birchwood Farms	Birch Run, MI			(2	)		70		2,797		4,199
Boardwalk	Elkhart, IN		12,799	(6	)		1,796		4,768		339
Broadmore Estates	Goshen, IN		43,037	(2	)		1,120		11,136		12,709
Brookside	Berwick, PA			(4	)		372		4,776		4,051
Brookview	Greenfield Ctr, NY		2,473				38		233		12,451
Camelot Village	Anderson, IN			(7	)		824		2,480		2,856
Camelot Woods	Altoona, PA		0				573		2,767		2,521
Candlewick Court	Owosso, MI		4,002				159		7,087		7,185
Carsons	Chambersburg, PA		24,935	(1	)		176		2,411		2,968
Catalina	Middletown, OH		4,311				1,008		11,735		14,179
Cedarcrest	Vineland, NJ		10,662				320		1,866		3,832
Center Manor	Monaca, Pa		0				198		5,602		211
Chambersburg	Chambersburg, PA			(1	)		108		2,397		1,442
Chelsea	Sayre, PA			(3	)		124		2,049		2,302
Cinnamon Woods	Conowingo, MD			(1	)		1,884		2,116		1,282
City View	Lewistown, PA		0				137		613		1,551
Clinton	Tiffin, OH		3,147				142		3,302		507
Collingwood	Horseheads, NY			(1	)		196		2,318		3,900
Colonial Heights	Wintersville, OH			(2	)		67		2,383		8,502
Countryside Estates	Muncie, IN		0				174		1,926		6,639
Countryside Estates	Ravenna, OH			(1	)		205		2,896		6,266
Countryside Village	Columbia, TN		100,481	(1	)		394		6,917		15,341
Cranberry	Cranberry Twp, PA		6,783				182		1,923		4,526
Crestview	Athens, PA			(1	)		188		2,258		3,281
Cross Keys	Duncansville, PA		0				61		378		5,037
Crossroads Village	Mount Pleasant, PA			(1	)		183		1,403		230
D&R	Clifton Park, NY		6,828				392		704		3,834
Dallas Mobile Home	Toronto,OH			(1	)		276		2,729		3,897
Deer Meadows	New Springfield,OH			(1	)		226		2,299		4,855
Deer Run	Dothan, AL		0				298		4,242		7,071
Evergreen Estates	Lodi,OH			(1	)		99		1,121		618
Evergreen Manor	Bedford, OH		0				49		2,372		1,546
Evergreen Village	Mantua, OH			(1	)		105		1,277		1,411
Fairview Manor	Millville, NJ		14,388				216		1,167		11,463
Fifty One Estates	Elizabeth, PA			(1	)		1,214		5,746		3,394
Fohl Village	Canton, OH		9,490				1,018		18,052		100
Forest Creek	Elkhart, IN			(2	)		440		7,004		2,889
Forest Park	Cranberry Twp, PA		7,463				75		977		10,512
Fox Chapel Village	Cheswick, PA		0				372		4,082		4,399
Frieden Manor	Schuylkill Haven, PA		12,048	(3	)		643		5,294		6,186
Friendly Village	Perrysburg, OH		6,382				1,215		18,141		13,120
Garden View Estates	Orangeburg, SC		0				156		5,044		1,171
Green Acres	Chambersburg, PA		0				63		584		214
Gregory Courts	Honey Brook, PA			(2	)		370		1,220		1,332

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2022 (in thousands)

Column A		Column B				Column C				Column D
Description						Initial Cost
								Site, Land
								& Building		Capitalization
								Improvements		Subsequent to
Name	Location	Encumbrances				Land		and Rental Homes		Acquisition
Hayden Heights	Dublin,OH	$	1,864			$	248	$	2,148	$	1,098
Heather Highlands	Inkerman, PA		0				573		2,152		15,951
Hidden Creek	Erie, MI		0				614		20,717		821
High View Acres	Export, PA			(1	)		825		4,264		864
Highland	Elkhart, IN			(2	)		510		7,084		6,176
Highland Estates	Kutztown, PA		15,080				145		1,695		12,768
Hillcrest Crossing	Lower Burrell, PA			(1	)		961		1,464		10,894
Hillcrest Estates	Marysville, OH			(1	)		1,277		3,034		5,775
Hillside Estates	Greensburg, PA			(5	)		484		2,679		3,889
Holiday Mobile Village	Nashville, TN		7,102				1,632		5,618		15,385
Holiday Village	Elkhart, IN		7,616				491		13,808		10,823
Holly Acres	Erie, PA		5,910				194		3,591		1,463
Hudson Estates	Peninsula, OH			(1	)		141		3,516		6,193
Huntingdon Pointe	Tarrs, PA			(1	)		399		865		2,316
Independence Park	Clinton, PA		7,230	(5	)		686		2,784		6,414
Iris Winds	Sumter, SC		0				121		3,324		5,291
Kinnebrook	Monticello, NY		3,603				236		1,403		14,840
La Vista Estates	Dothan, AL		0				713		3,165		817
Lake Erie Estates	Fredonia, NY		2,549				104		4,391		3,002
Lake Sherman	Navarre, OH		4,935				290		1,458		15,519
Lakeview Meadows	Lakeview, OH			(1	)		574		1,104		2,198
Laurel Woods	Cresson, PA		0				433		2,070		6,621
Little Chippewa	Orrville, OH		0				113		1,135		2,831
Mandell Trails	Butler, PA		0				2,470		4,905		378
Maple Manor	Taylor, PA		34,028	(4	)		674		9,433		8,322
Marysville Estates	Marysville, OH			(1	)		810		4,556		9,474
Meadowood	New Middletown, OH			(2	)		152		3,191		5,644
Meadows	Nappanee, IN		0				549		6,721		11,693
Meadows of Perrysburg	Perrysburg, OH		0				2,146		5,541		1,456
Melrose Village	Wooster, OH		0				767		5,429		8,671
Melrose West	Wooster, OH		0				94		1,040		123
Memphis Blues	Memphis, TN		0				78		810		15,605
Monroe Valley	Jonestown, PA			(3	)		114		994		774
Moosic Heights	Avoca, PA			(4	)		330		3,794		4,370
Mount Pleasant Village	Mount Pleasant, PA			(1	)		280		3,502		1,703
Mountaintop	Narvon, PA			(3	)		134		1,665		2,049
New Colony	West Mifflin, PA			(1	)		429		4,129		1,961
Northtowne Meadows	Erie, MI		11,322				1,272		23,859		4,404
Oak Ridge	Elkhart, IN			(2	)		500		7,524		3,999
Oak Tree	Jackson, NJ		12,000				1,134		21,766		310
Oakwood Lake	Tunkhannock, PA		0				379		1,639		2,683
Olmsted Falls	Olmsted Falls, OH		1,865				569		3,031		2,585
Oxford	West Grove, PA		14,659				175		991		2,934
Parke Place	Elkhart, IN			(6	)		4,317		10,341		6,860
Perrysburg Estates	Perrysburg, OH		1,493				399		4,047		6,591
Pikewood Manor	Elyria, OH		13,414				1,053		22,068		17,873
Pine Ridge/Pine Manor	Carlisle, PA		0				38		198		11,058
Pine Valley	Apollo, PA		0				670		1,337		9,825
Pleasant View	Bloomsburg, PA			(4	)		282		2,175		3,178
Port Royal	Belle Vernon, PA		0				150		2,492		17,266
Redbud Estates	Anderson, IN		12,408	(7	)		1,739		15,091		7,199
River Valley	Marion, OH		0				236		785		9,568
Rolling Hills Estates	Carlisle, PA			(1	)		301		1,419		3,119
Rostraver Estates	Belle Vernon, PA			(5	)		814		2,204		2,639
Sandy Valley	Magnolia, OH		0				270		1,941		14,395
Shady Hills	Nashville, TN		4,444				337		3,379		5,027
Somerset/Whispering	Somerset, PA			(1	)		1,485		2,050		9,854
Southern Terrace	Columbiana, OH			(2	)		63		3,387		776

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2022 (in thousands)

Column A		Column B				Column C				Column D
Description						Initial Cost
								Site, Land
								& Building		Capitalization
								Improvements		Subsequent to
Name	Location	Encumbrances				Land		and Rental Homes		Acquisition
Southwind	Jackson, NJ	$	21,430	(8	)	$	100	$	603	$	3,426
Spreading Oaks	Athens, OH		0				67		1,327		4,381
Springfield Meadows	Springfield, OH		0				1,230		3,093		2,994
Suburban Estates	Greensburg, PA		5,000				299		5,837		5,430
Summit Estates	Ravenna, OH			(1	)		198		2,779		4,781
Summit Village	Marion, IN		0				522		2,821		4,059
Sunny Acres	Somerset, PA		5,566				287		6,114		3,997
Sunnyside	Eagleville, PA			(2	)		450		2,674		970
Trailmont	Goodlettsville, TN		2,963				411		1,867		3,916
Twin Oaks	Olmsted Falls, OH		5,683				823		3,527		2,426
Twin Pines	Goshen, IN			(2	)		650		6,307		6,545
Valley High	Ruffs Dale, PA			(5	)		284		2,267		2,655
Valley Hills	Ravenna, OH		3,080				996		6,542		10,155
Valley Stream	Mountaintop, PA		0				323		3,191		1,267
Valley View HB	Honeybrook, PA			(2	)		1,380		5,348		4,982
Valley View I	Ephrata, PA			(3	)		191		4,359		1,250
Valley View II	Ephrata, PA			(3	)		72		1,746		78
Voyager Estates	West Newton, PA			(1	)		742		3,143		5,878
Waterfalls	Hamburg, NY		4,197				424		3,812		6,216
Wayside	Bellefontaine, OH			(1	)		196		1,080		2,958
Weatherly Estates	Lebanon, TN		7,229				1,184		4,034		4,151
Wellington Estates	Export, PA		2,144				896		6,179		6,942
Wood Valley	Caledonia, OH		0				260		1,753		6,546
Woodland Manor	West Monroe, NY			(1	)		77		841		5,512
Woodlawn	Eatontown, NJ			(8	)		157		281		2,334
Woods Edge	West Lafayette, IN		5,306				1,808		13,321		10,536
Worthington Arms	Lewis Center, OH		8,368				437		12,706		7,402
Youngstown Estates	Youngstown, NY		0				269		1,606		1,959
		$	513,709			$	73,208	$	584,215	$	722,104

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2022 (in thousands)

Column A		Column E (9) (10)						Column F
Description		Gross Amount at Which Carried at 12/31/22
				Site, Land
				& Building
				Improvements				Accumulated
Name	Location	Land		and Rental Homes		Total		Depreciation
Allentown	Memphis, TN	$	1,500	$	20,671	$	22,171	$	(8,000	)
Arbor Estates	Doylestown, PA		2,650		11,311		13,961		(3,517	)
Auburn Estates	Orrville, OH		114		2,290		2,404		(590	)
Bayshore Estates	Sandusky, OH		561		11,764		12,325		(618	)
Birchwood Farms	Birch Run, MI		70		6,996		7,066		(2,121	)
Boardwalk	Elkhart, IN		1,796		5,107		6,903		(1,051	)
Broadmore Estates	Goshen, IN		1,120		23,845		24,965		(7,584	)
Brookside	Berwick, PA		372		8,827		9,199		(2,851	)
Brookview	Greenfield Ctr, NY		123		12,599		12,722		(4,016	)
Camelot Village	Anderson, IN		828		5,332		6,160		(493	)
Camelot Woods	Altoona, PA		766		5,095		5,861		(377	)
Candlewick Court	Owosso, MI		159		14,272		14,431		(3,809	)
Carsons	Chambersburg, PA		176		5,379		5,555		(1,411	)
Catalina	Middletown, OH		1,008		25,914		26,922		(6,146	)
Cedarcrest	Vineland, NJ		408		5,610		6,018		(3,301	)
Center Manor	Monaca, Pa		201		5,810		6,011		(175	)
Chambersburg	Chambersburg, PA		118		3,829		3,947		(1,106	)
Chelsea	Sayre, PA		124		4,351		4,475		(1,264	)
Cinnamon Woods	Conowingo, MD		1,884		3,398		5,282		(558	)
City View	Lewistown, PA		137		2,164		2,301		(696	)
Clinton	Tiffin, OH		142		3,809		3,951		(1,451	)
Collingwood	Horseheads, NY		196		6,218		6,414		(1,594	)
Colonial Heights	Wintersville, OH		67		10,885		10,952		(2,736	)
Countryside Estates	Muncie, IN		174		8,565		8,739		(2,188	)
Countryside Estates	Ravenna, OH		205		9,162		9,367		(2,360	)
Countryside Village	Columbia, TN		609		22,043		22,652		(6,451	)
Cranberry	Cranberry Twp, PA		182		6,449		6,631		(3,702	)
Crestview	Athens, PA		362		5,365		5,727		(1,429	)
Cross Keys	Duncansville, PA		61		5,415		5,476		(2,039	)
Crossroads Village	Mount Pleasant, PA		183		1,633		1,816		(336	)
D&R	Clifton Park, NY		392		4,538		4,930		(2,475	)
Dallas Mobile Home	Toronto,OH		276		6,626		6,902		(1,497	)
Deer Meadows	New Springfield,OH		226		7,154		7,380		(1,571	)
Deer Run	Dothan, AL		301		11,310		11,611		(477	)
Evergreen Estates	Lodi,OH		119		1,719		1,838		(504	)
Evergreen Manor	Bedford, OH		49		3,918		3,967		(1,096	)
Evergreen Village	Mantua, OH		105		2,688		2,793		(716	)
Fairview Manor	Millville, NJ		2,535		10,311		12,846		(6,520	)
Fifty One Estates	Elizabeth, PA		1,330		9,024		10,354		(956	)
Fohl Village	Canton, OH		1,023		18,147		19,170		(110	)
Forest Creek	Elkhart, IN		440		9,893		10,333		(3,631	)
Forest Park	Cranberry Twp, PA		75		11,489		11,564		(4,847	)
Fox Chapel Village	Cheswick, PA		372		8,481		8,853		(1,192	)
Frieden Manor	Schuylkill Haven, PA		1,420		10,703		12,123		(3,054	)
Friendly Village	Perrysburg, OH		1,266		31,210		32,476		(3,398	)
Garden View Estates	Orangeburg, SC		158		6,213		6,371		(82	)
Green Acres	Chambersburg, PA		63		798		861		(253	)
Gregory Courts	Honey Brook, PA		370		2,552		2,922		(792	)
Hayden Heights	Dublin,OH		248		3,246		3,494		(920	)
Heather Highlands	Inkerman, PA		573		18,103		18,676		(7,532	)
Hidden Creek	Erie, MI		618		21,534		22,152		(323	)
High View Acres	Export, PA		825		5,128		5,953		(898	)
Highland	Elkhart, IN		510		13,260		13,770		(4,642	)

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2022 (in thousands)

Column A		Column E (9) (10)						Column F
Description		Gross Amount at Which Carried at 12/31/22
				Site, Land
				& Building
				Improvements				Accumulated
Name	Location	Land		and Rental Homes		Total		Depreciation
Highland Estates	Kutztown, PA	$	404	$	14,204	$	14,608	$	(8,693	)
Hillcrest Crossing	Lower Burrell, PA		961		12,358		13,319		(1,744	)
Hillcrest Estates	Marysville, OH		1,277		8,809		10,086		(1,468	)
Hillside Estates	Greensburg, PA		484		6,568		7,052		(1,644	)
Holiday Mobile Village	Nashville, TN		1,632		21,003		22,635		(4,465	)
Holiday Village	Elkhart, IN		491		24,631		25,122		(5,843	)
Holly Acres	Erie, PA		194		5,054		5,248		(1,284	)
Hudson Estates	Peninsula, OH		141		9,709		9,850		(2,612	)
Huntingdon Pointe	Tarrs, PA		399		3,181		3,580		(602	)
Independence Park	Clinton, PA		686		9,198		9,884		(1,807	)
Iris Winds	Sumter, SC		122		8,614		8,736		(374	)
Kinnebrook	Monticello, NY		353		16,126		16,479		(7,378	)
La Vista Estates	Dothan, AL		718		3,977		4,695		(73	)
Lake Erie Estates	Fredonia, NY		140		7,357		7,497		(595	)
Lake Sherman	Navarre, OH		290		16,977		17,267		(6,500	)
Lakeview Meadows	Lakeview, OH		726		3,150		3,876		(612	)
Laurel Woods	Cresson, PA		433		8,691		9,124		(3,418	)
Little Chippewa	Orrville, OH		113		3,966		4,079		(947	)
Mandell Trails	Butler, PA		2,537		5,216		7,753		(107	)
Maple Manor	Taylor, PA		674		17,755		18,429		(6,144	)
Marysville Estates	Marysville, OH		818		14,022		14,840		(2,161	)
Meadowood	New Middletown, OH		152		8,835		8,987		(2,432	)
Meadows	Nappanee, IN		549		18,414		18,963		(4,046	)
Meadows of Perrysburg	Perrysburg, OH		2,182		6,961		9,143		(912	)
Melrose Village	Wooster, OH		767		14,100		14,867		(3,546	)
Melrose West	Wooster, OH		94		1,163		1,257		(369	)
Memphis Blues	Memphis, TN		336		16,157		16,493		(3,461	)
Monroe Valley	Jonestown, PA		114		1,768		1,882		(558	)
Moosic Heights	Avoca, PA		330		8,164		8,494		(2,540	)
Mount Pleasant Village	Mount Pleasant, PA		280		5,205		5,485		(1,067	)
Mountaintop	Narvon, PA		249		3,599		3,848		(883	)
New Colony	West Mifflin, PA		448		6,071		6,519		(699	)
Northtowne Meadows	Erie, MI		1,313		28,222		29,535		(3,655	)
Oak Ridge	Elkhart, IN		500		11,523		12,023		(3,803	)
Oak Tree	Jackson, NJ		1,149		22,061		23,210		(67	)
Oakwood Lake	Tunkhannock, PA		379		4,322		4,701		(1,176	)
Olmsted Falls	Olmsted Falls, OH		569		5,616		6,185		(1,682	)
Oxford	West Grove, PA		155		3,945		4,100		(2,416	)
Parke Place	Elkhart, IN		4,317		17,201		21,518		(4,111	)
Perrysburg Estates	Perrysburg, OH		407		10,630		11,037		(1,275	)
Pikewood Manor	Elyria, OH		1,071		39,923		40,994		(5,192	)
Pine Ridge/Pine Manor	Carlisle, PA		145		11,149		11,294		(5,069	)
Pine Valley	Apollo, PA		732		11,100		11,832		(4,306	)
Pleasant View	Bloomsburg, PA		307		5,328		5,635		(1,559	)
Port Royal	Belle Vernon, PA		505		19,403		19,908		(9,216	)
Redbud Estates	Anderson, IN		1,753		22,276		24,029		(3,183	)
River Valley	Marion, OH		236		10,353		10,589		(4,768	)
Rolling Hills Estates	Carlisle, PA		517		4,322		4,839		(1,230	)
Rostraver Estates	Belle Veron, PA		814		4,843		5,657		(1,315	)
Sandy Valley	Magnolia, OH		270		16,336		16,606		(6,585	)
Shady Hills	Nashville, TN		337		8,406		8,743		(2,790	)
Somerset/Whispering	Somerset, PA		1,489		11,900		13,389		(5,208	)
Southern Terrace	Columbiana, OH		63		4,163		4,226		(1,458	)

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2022 (in thousands)

Column A		Column E (9) (10)						Column F
Description		Gross Amount at Which Carried at 12/31/22
				Site, Land
				& Building
				Improvements				Accumulated
Name	Location	Land		and Rental Homes		Total		Depreciation
Southwind	Jackson, NJ	$	100	$	4,029	$	4,129	$	(2,372	)
Spreading Oaks	Athens, OH		67		5,708		5,775		(2,597	)
Springfield Meadows	Springfield, OH		1,230		6,087		7,317		(997	)
Suburban Estates	Greensburg, PA		299		11,267		11,566		(3,819	)
Summit Estates	Ravenna, OH		198		7,560		7,758		(1,981	)
Summit Village	Marion, IN		522		6,880		7,402		(1,518	)
Sunny Acres	Somerset, PA		287		10,111		10,398		(3,540	)
Sunnyside	Eagleville, PA		662		3,432		4,094		(1,121	)
Trailmont	Goodlettsville, TN		411		5,783		6,194		(1,829	)
Twin Oaks	Olmsted Falls, OH		998		5,778		6,776		(1,970	)
Twin Pines	Goshen, IN		650		12,852		13,502		(3,994	)
Valley High	Ruffs Dale, PA		284		4,922		5,206		(1,214	)
Valley Hills	Ravenna, OH		996		16,697		17,693		(4,515	)
Valley Stream	Mountaintop, PA		323		4,458		4,781		(1,073	)
Valley View HB	Honeybrook, PA		1,380		10,330		11,710		(3,029	)
Valley View I	Ephrata, PA		280		5,520		5,800		(1,990	)
Valley View II	Ephrata, PA		72		1,824		1,896		(670	)
Voyager Estates	West Newton, PA		742		9,021		9,763		(1,827	)
Waterfalls	Hamburg, NY		424		10,028		10,452		(5,294	)
Wayside	Bellefontaine, OH		261		3,973		4,234		(579	)
Weatherly Estates	Lebanon, TN		1,184		8,185		9,369		(4,314	)
Wellington Estates	Export, PA		896		13,121		14,017		(1,987	)
Wood Valley	Caledonia, OH		260		8,299		8,559		(4,002	)
Woodland Manor	West Monroe, NY		77		6,353		6,430		(2,017	)
Woodlawn	Eatontown, NJ		135		2,637		2,772		(1,104	)
Woods Edge	West Lafayette, IN		1,808		23,857		25,665		(5,499	)
Worthington Arms	Lewis Center, OH		437		20,108		20,545		(4,510	)
Youngstown Estates	Youngstown, NY		269		3,565		3,834		(910	)
		$	80,964	$	1,298,563	$	1,379,527	$	(340,776	)

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2022

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	Vineland, NJ	1973		1986		5 to 27.5
Center Manor	Monaca, Pa	1957		2022		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	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’s		2019		5 to 27.5
Fohl Village	Canton, OH	1972		2022		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
Garden View Estates	Orangeburg, SC	1962		2022		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
Hidden Creek	Erie, MI	1993		2022		5 to 27.5
High View Acres	Export, PA	1984		2017		5 to 27.5
Highland	Elkhart, IN	1969		2013		5 to 27.5

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2022

Column A		Column G	Column H		Column I
Description
		Date of	Date		Depreciable
Name	Location	Construction	Acquired		Life
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
Hillside Estates	Greensburg, PA	1980		2014		5 to 27.5
Holiday Mobile 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
La Vista Estates	Dothan, AL	1972		2022		5 to 27.5
Lake Erie Estates	Fredonia, NY	1965-1975		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
Mandell Trails	Butler, PA	1969		2022		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	1975		2019		5 to 27.5
Northtowne Meadows	Erie, MI	1988, 1995, 1999		2019		5 to 27.5
Oak Ridge	Elkhart, IN	1990		2013		5 to 27.5
Oak Tree	Jackson, NJ	1958		2022		5 to 27.5
Oakwood Lake	Tunkhannock, PA	1972		2010		5 to 27.5
Olmsted Falls	Olmsted Falls, 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 Veron, 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

UMH PROPERTIES, INC.

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2022

Column A		Column G	Column H		Column I
Description
		Date of	Date		Depreciable
Name	Location	Construction	Acquired		Life
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
Twin Oaks	Olmsted Falls, 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		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, 2022

(1) Represents one mortgage note payable secured by twenty-eight properties and one mortgage notes payable secured by the rental home therein.

(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 four 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)
	12/31/22			12/31/21			12/31/20
Balance – Beginning of Year	$	1,198,104		$	1,100,256		$	1,008,104
Additions:
Acquisitions		85,553			8,546			7,835
Improvements		108,544			94,213			88,684
Total Additions		194,097			102,759			96,519
Deletions		(12,674	)		(4,911	)		(4,367	)
Balance – End of Year	$	1,379,527		$	1,198,104		$	1,100,256

	/——ACCUMULATED DEPRECIATION——/ (in thousands)
		12/31/22			12/31/21			12/31/20
Balance – Beginning of Year	$	295,740		$	254,369		$	216,332
Additions:
Depreciation		46,650			43,064			39,525
Total Additions		46,650			43,064			39,525
Deletions		(1,614	)		(1,693	)		(1,488	)
Balance – End of Year	$	340,776		$	295,740		$	254,369

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