UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) March 28, 2011
REAL ESTATE ASSOCIATES LIMITED VI
(Exact name of Registrant as specified in its charter)
California 0-13112 95-3778627
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification Number)
55 Beattie Place
Post Office Box 1089
Greenville, South Carolina 29602
(Address of principal executive offices)
(864) 239-1000
(Issuer's telephone number)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events
Real Estate Associates Limited VI, a California limited partnership (the Registrant), owns a 98.99% limited partnership interest in Civic Housing Associates I (Civic I), an Ohio joint venture, and Civic Housing Associates II (Civic II), an Ohio limited partnership. On March 28, 2011, Civic I and Civic II entered into separate agreements of sale and purchase to sell their investment properties, Marshall Plaza I and Marshall Plaza II, respectively, to a third party, The Orlean Company (the Purchaser), an Ohio corporation, for gross sales prices of approximately $1,110,000 and $1,385,000, respectively. After payment of closing costs and non-recourse notes payable due to an affiliate of the Purchaser, the Registrant expects to receive a distribution of approximately $58,000 from the sale of Civic I and approximately $72,000 from the sale of Civic II. The Registrant had no investment balance remaining in either Civic I or Civic II as of September 30, 2010.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
REAL ESTATE ASSOCIATES LIMITED VI
By: National Partnership Investments Corp. |
Corporate General Partner
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By: /s/Stephen Waters |
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Stephen Waters |
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Senior Director of Partnership Accounting |
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Date: March 30, 2011 |