<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-30-1996
<PERIOD-START>                                    OCT-01-1995
<PERIOD-END>                                      DEC-31-1995
<CASH>                                             21,172,000
<SECURITIES>                                                0
<RECEIVABLES>                                       1,816,000
<ALLOWANCES>                                                0
<INVENTORY>                                                 0
<CURRENT-ASSETS>                                            0
<PP&E>                                                      0
<DEPRECIATION>                                              0
<TOTAL-ASSETS>                                     23,103,000
<CURRENT-LIABILITIES>                                       0
<BONDS>                                                     0
<COMMON>                                                    0
<PREFERRED-MANDATORY>                                       0
<PREFERRED>                                                 0
<OTHER-SE>                                         23,043,000
<TOTAL-LIABILITY-AND-EQUITY>                       23,103,000
<SALES>                                                     0
<TOTAL-REVENUES>                                   21,965,000 <F1>
<CGS>                                                       0
<TOTAL-COSTS>                                       4,377,000
<OTHER-EXPENSES>                                            0
<LOSS-PROVISION>                                            0
<INTEREST-EXPENSE>                                    361,000
<INCOME-PRETAX>                                    17,099,000
<INCOME-TAX>                                                0
<INCOME-CONTINUING>                                17,099,000
<DISCONTINUED>                                              0
<EXTRAORDINARY>                                             0
<CHANGES>                                                   0
<NET-INCOME>                                       17,099,000
<EPS-PRIMARY>                                          182.43
<EPS-DILUTED>                                          182.43
<FN>
<F1> Revenues include $17,139,000 of gain on sale of property
</FN>