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) October 25, 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 99.00% limited partnership interest in Oakwood Manor Associates, Ltd (“Oakwood Manor”), a Tennessee limited partnership. On October 25, 2011, Oakwood Manor entered into a purchase and sale contract to sell its investment property to a third party, Emerald Housing Management, LLC (the “Purchaser”), a Tennessee limited liability company, for a gross sales price of $500,000. After payment of closing costs and the mortgage encumbering the property, the Registrant expects to receive a distribution of approximately $300,000 from the sale of Oakwood Manor. The Registrant had no investment balance remaining in Oakwood Manor as of June 30, 2011.
The Registrant also owns a 99.00% limited partnership interest in Crockett Manor Apartments, a Limited Partnership (“Crockett Manor”), a Tennessee limited partnership. On October 25, 2011, Crockett Manor entered into a purchase and sale contract to sell its investment property to the Purchaser for a sales price equal to $75,000 in excess of the balance of the mortgage encumbering the property. After payment of closing costs and the mortgage encumbering the property, the Registrant does not expect to receive any proceeds from the sale of Crockett Manor. The Registrant had no investment balance remaining in Crockett Manor as of June 30, 2011.
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: October 31, 2011 |