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 2, 2012

 

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 March 2, 2012, Oakwood Manor entered into a purchase and sale contract to sell its investment property to a third party, Woodbine Community Organization (WCO) Inc., a Tennessee nonprofit corporation, for a gross sales price of $500,000. After payment of closing costs and repayment of the mortgage loan 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 September 30, 2011.