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) September 29, 2006
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 or
File Number)
Identification Number)
organization)
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 2.01 Completion of Acquisition or Disposition of Assets
Real Estate Associates Limited VI, a California limited partnership (the “Registrant“), is the 95% limited partner in Parkesedge Associates, a Pennsylvania limited partnership (“Parkesedge”). Parkesedge owns a 45-unit apartment complex located in Parkesburg, Pennsylvania. As previously disclosed, on July 25, 2006, the Registrant and Harlan J. Wall and M. Joy Wall (“Wall”), affiliates of the general partner of Parkesedge, entered into an Assignment and Assumption Agreement to provide for the assignment of the Registrant’s limited partnership interest to Wall for $390,000. On September 29, 2006 the Registrant received $390,000 from Wall for the assignment of the Registrant’s limited partnership interest in Parkesedge. The Registrant had no investment balance remaining in Parkesedge at the time of the assignment.
In accordance with the Restated Certificate and Agreement of Limited Partnership, the Registrant’s general partner intends to utilize the proceeds from the assignment of its limited partnership interest for the Registrant’s operations and reserves.
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 | |
By: /s/Kathleen Danilchick | |
Kathleen Danilchick | |
Senior Vice President and | |
Chief Financial Officer | |
Date: October 3, 2006 |