Experimental results on magnetic resonance (ESR) and magnetic susceptibility are given for single crystalline (VO)$_2$P$_2$O$_{7}$. The crystal growth procedure is briefly discussed. The susceptibility is interpreted numerically using a model with alternating spin chains. We determine $J$=51 K and $delta$=0.2. Furthermore we find a spin gap of $approx 6$meV from our ESR measurements. Using elastic constants no indication of a phase transition forcing the dimerization is seen below 300 K.