<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from MRI Business Properties Fund, Ltd. II and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1995 <PERIOD-START> OCT-01-1994 <PERIOD-END> DEC-31-1994 <CASH> 7,974,000 <SECURITIES> 0 <RECEIVABLES> 4,119,000 <F1> <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 135,434,000 <DEPRECIATION> (54,641,000) <TOTAL-ASSETS> 83,868,000 <CURRENT-LIABILITIES> 0 <BONDS> 56,196,000 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 21,472,000 <TOTAL-LIABILITY-AND-EQUITY> 83,868,000 <SALES> 4,907,000 <TOTAL-REVENUES> 14,358,000 <CGS> 3,780,000 <TOTAL-COSTS> 12,493,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,019,000 <INCOME-PRETAX> (284,000) <INCOME-TAX> 0 <INCOME-CONTINUING> (284,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (284,000) <EPS-PRIMARY> (3) <EPS-DILUTED> (3) <FN> <F1> Accounts receivable includes other assets of $1,644,000. </FN>