SECURITIES AND EXCHANGE COMMISSION

                            WASHINGTON, D.C. 20549

                                  FORM 10-Q

(Mark One)

(x)   QUARTERLY  REPORT  PURSUANT  TO  SECTION  13 OR 15(d) OF THE  SECURITIES
      EXCHANGE ACT OF 1934

For the quarterly period ended                       JUNE 30, 1998

OR

( )   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
      EXCHANGE ACT OF 1934

For the transition period from                       TO


Commission file number                             2-77330



                           PROPERTY RESOURCES FUND VI
            (Exact name of registrant as specified in its charter)



CALIFORNIA                                                         94-2838890
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer
                                                             Identification No.)


            P. O. BOX 7777,        SAN MATEO,  CALIFORNIA   94403-7777
                (Address of principal executive offices) (Zip Code)


Registrant's telephone number, including area code     (650) 312-2000



                                      N/A
Former name, former address and former fiscal year, if changed since last report


   Indicate  by check mark  whether the  registrant  (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the  Securities  Exchange  Act
of 1934  during the  preceding  12 months  (or such  shorter  period  that the
registrant  was  required to file such  reports),  and (2) has been subject to
such filing requirements for the past 90 days.  Yes   X    No

Limited Partnership Units Outstanding as of June 30, 1998: 21,585





                        PART I - FINANCIAL INFORMATION

                         ITEM 1. FINANCIAL STATEMENTS

                          PROPERTY RESOURCES FUND VI
                      (A CALIFORNIA LIMITED PARTNERSHIP)

                                BALANCE SHEETS
                     JUNE 30, 1998 AND DECEMBER 31, 1997
                                  (Unaudited)


(Dollars in thousands)                                      1998          1997
-------------------------------------------------------------------------------
ASSETS:
Real estate:
  Land                                                      $999        $2,239
  Land improvements                                          179           781
  Buildings and improvements                               2,286         7,347
  Furnishings and equipment                                  413         1,050
-------------------------------------------------------------------------------
                                                           3,877        11,417

  Less: accumulated depreciation                           1,869         4,708
-------------------------------------------------------------------------------
Total real estate, net                                     2,008         6,709


Cash and cash equivalents                                  3,284           407
Note receivable                                              197           237
Other assets, net                                            321           308
-------------------------------------------------------------------------------

   Total assets                                           $5,810        $7,661
===============================================================================

LIABILITIES AND STOCKHOLDERS' EQUITY:
 Notes payable                                            $2,132        $6,559
 Accrued interest due to General Partner                     527           527
 Deposits and other liabilities                              158           249
-------------------------------------------------------------------------------

Total liabilities                                          2,817         7,335
-------------------------------------------------------------------------------

Partners' capital (deficit):
  Limited partners, 21,585 units issued and                3,400           766
outstanding
  General Partner                                          (407)         (440)
-------------------------------------------------------------------------------

   Total partners' capital                                 2,993           326
-------------------------------------------------------------------------------

   Total liabilities and partners' capital                $5,810        $7,661
(deficit)
===============================================================================






  The accompanying notes are an integral part of these financial statements.


                          PROPERTY RESOURCES FUND VI
                      (A CALIFORNIA LIMITED PARTNERSHIP)

          CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
                                 (Unaudited)



                                         THREE MONTHS ENDED   SIX MONTHS ENDED
                                        JUNE 30,   June 30,  JUNE 30,  June 30,
(Dollars in thousands, except per           1998       1997      1998      1997
unit amounts)
--------------------------------------------------------------------------------

REVENUE:

  Rent                                      $523       $529    $1,035    $1,036
  Interest and dividends                      10          8        19        18
                                       -----------------------------------------
    Total revenue                            533        537     1,054     1,054
                                       -----------------------------------------

EXPENSES:
  Interest, other than related party          51         51       102       102
  Depreciation                                72         73       144       145
  Operating                                  286        250       530       491
  Related party                               33         32        63        65
  General and administrative                  28          5        46        13
--------------------------------------------------------------------------------
    Total expenses                           470        411       885       816
--------------------------------------------------------------------------------

Operating Income before sale of               63        126       169       238
property

Gain on sale of property                   2,498          -     2,498         -

NET INCOME                                $2,561       $126    $2,667      $238
================================================================================



Net income allocable to limited           $2,533       $120    $2,634      $226
partners
================================================================================

Net income allocable to General              $28         $6       $33       $12
Partner
================================================================================

Net  income per $500 limited
partnership unit-                        $117.35      $5.56   $122.03    $10.47
  based on 21,585 units outstanding
================================================================================



  The accompanying notes are an integral part of these financial statements.

                          PROPERTY RESOURCES FUND VI
                      (A CALIFORNIA LIMITED PARTNERSHIP)

                           STATEMENTS OF CASH FLOWS
               FOR THE SIX MONTHS ENDED JUNE 30, 1998 AND 1997
                                 (Unaudited)




(Dollars in thousands)                                      1998          1997
-------------------------------------------------------------------------------
Cash flows from operating activities:

Net income                                                $2,667          $238
-------------------------------------------------------------------------------

Adjustments to reconcile net income to net cash
 provided by operating activities:
   Depreciation and amortization                             144           152
   (Increase) decrease in other assets                      (13)            88
Increase in accrued Interest                                   -             3
   Gain on sale of property                              (2,498)             -
   Decrease in deposits and other liabilities               (91)          (57)
-------------------------------------------------------------------------------
                                                         (2,458)           186
-------------------------------------------------------------------------------

Net cash provided by operating activities                    209           424
-------------------------------------------------------------------------------

Cash flow from investing activities:
   Improvements to rental property                          (17)          (77)
Proceeds from sale of property                             6,625             -
-------------------------------------------------------------------------------
   Principal received on note receivable                      40            36
-------------------------------------------------------------------------------
Net cash provided by (used in) investing                   6,648          (41)
activities
-------------------------------------------------------------------------------

   Principal payments on notes payable                   (3,980)         (213)
   Principal payments to General Partner                       -         (153)
-------------------------------------------------------------------------------
Net cash used in financing activities                    (3,980)         (366)
-------------------------------------------------------------------------------

Net increase in cash and cash equivalents                  2,877            17

Cash and cash equivalents, beginning of period               407           279
-------------------------------------------------------------------------------
Cash and cash equivalents, end of period                  $3,284          $296
===============================================================================



  The accompanying notes are an integral part of these financial statements.


                          PROPERTY RESOURCES FUND VI
                      (A CALIFORNIA LIMITED PARTNERSHIP)
                        NOTES TO FINANCIAL STATEMENTS
                                JUNE 30, 1998

NOTE 1 - BASIS OF PRESENTATION

The accompanying  unaudited interim financial statements of Property Resources
Fund  VI (the  "Partnership")  have  been  prepared  in  accordance  with  the
instructions  to Form  10-Q  pursuant  to the  rules  and  regulations  of the
Securities  and  Exchange   Commission.   Certain   information  and  footnote
disclosures  normally included in financial  statements prepared in accordance
with generally accepted  accounting  principles have been condensed or omitted
pursuant  to such rules and  regulations.  In the opinion of  management,  all
appropriate  adjustments  necessary to a fair  presentation  of the results of
operations  have been made for the periods  shown.  All  adjustments  are of a
normal  recurring  nature.  Certain prior year amounts have been  reclassified
to conform to current year presentations.

These  financial  statements  have been  prepared on a going  concern
basis,  which  contemplates  the realization of assets and the satisfaction of
liabilities in the normal course of business.  Management have decided to sell
the  Partnership's  remaining  property and dissolve the Partnership.  A proxy
statement  announcing this intention was sent to members in April 1998 and has
since been approved. No sale of the remaining  Property had occurred
at June 30, 1998,  however management is currently actively seeking a buyer of
the  Property.  Accordingly  it is  possible  that  the  Partnership  will not
continue as a going concern for a reasonable period of time.

The  financial  statements  do not  include  any  adjustments  relating to the
recoverability  and  classification  of liabilities that might be necessary if
the  Partnership  will not continue as a going  concern.  Management  believes
that the market  value of the  Partnership's  remaining  property  is at least
equal to its book value.  Accordingly  management does not expect any material
losses to be undertaken in the event of the  liquidation  of the  Partnership.
However,  there  can be no  assurance  that the  eventual  sales  price of the
property will not result in a loss or that a sale will be consummated.

These   financial   statements   should  be  read  in  conjunction   with  the
Partnership's  audited  financial  statements  for the year ended December 31,
1997.

NOTE 2 - SALE OF RENTAL PROPERTY

On June 30, 1998, the Partnership  sold the Grouse Run Apartments  property to
an unaffiliated  buyer for a total sales price of $6,902,500  resulting in net
cash proceeds to the  Partnership of $6,625,750.  In connection with the sale,
the Partnership recognized a gain of $2,498,000.

ITEM 2.  MANAGEMENT'S  DISCUSSION  AND  ANALYSIS OF  FINANCIAL  CONDITION  AND
RESULTS OF OPERATIONS

INTRODUCTION

Management's  discussion  and analysis of financial  condition  and results of
operations  should be read in  conjunction  with the Financial  Statements and
Notes thereto.

RESULTS OF OPERATIONS

COMPARISON OF THE THREE AND SIX-MONTH PERIODS ENDED JUNE 30, 1998 AND 1997
Total  revenue  for the  three- and  six-month  periods  ended  June 30,  1998
decreased  $4,000,  or 1%, and $-,  respectively,  when  compared  to the same
periods in 1997. This was in line with expectations.

Total  expenses  for the  three  and  six-month  period  ended  June 30,  1998
increased $59,000, or 14%, and $69,000, or 8%, respectively,  when compared to
the same  periods  in 1997.  The  increase  for both  periods  reported  was a
result    of    additional     operating     expenses     primarily    related
to increased accounting, legal and payroll costs.

The increase in net income for the three and  six-month  periods  under review
was  primarily  due  to the  gain  recorded  on the  sale  of the  Grouse  Run
Apartments  property  in June  1998 as  discussed  in note 2 to the  financial
statements.


ITEM 2.  MANAGEMENT'S  DISCUSSION  AND  ANALYSIS OF  FINANCIAL  CONDITION  AND
RESULTS OF OPERATIONS (CONTINUED)

LIQUIDITY AND CAPITAL RESOURCES

In July 1983,  the  Partnership  completed  a public  offering  of its limited
partnership  units with total proceeds of $10,795,500  from the sale of 21,585
limited  partnership  units. The Partnership  acquired five properties with an
aggregate cost of $23,526,000.

As of  June  30,  1998  the  Partnership  had  one  operating  property  named
Clearlake  Village  Apartments.  The  buildings  and the land  upon  which the
buildings  are  located  are  owned   directly  by  the   Partnership  or  the
Subsidiary,  as herein  after  defined,  in fee. As described in note 1 to the
financial  statements  Management  estimates that the net realizable  value of
the property approximates its carrying value.

As of June 30,  1998,  cash and cash  equivalents  totaled  $3,284,000.  As of
June 30, 1998,  accrued  interest due to General Partner amounted to $527,000.
The General  Partner  presently  intends to continue to make such  advances to
the  Partnership  as  necessary.  Consequently,  management  believes that the
Partnership's  current  sources  of funds  will be  adequate  to meet both its
short-term    and    long-term     capital     commitments    and    operating
requirements.

The  Partnership  presently  believes that funds available from operations and
from its note  receivable due in 1999 will permit it to repay interest owed to
the General Partner.  The Partnership  successfully  eliminated  $4,246,000 of
notes  payable  during June 1998.  This was financed by the proceeds  from the
sale of  Grouse  Run  Apartments  as  referred  to in note 2 to the  financial
statements.

Net cash provided by operating  activities for the six-month period ended June
30, 1998 was $209,000  which was  $225,000  less than the same period in 1997.
This was primarily due to the results of operations as discussed above.

The changes in net cash provided by investing and financing  activities during
the six-month  period ended June 30, 1998 primarily  resulted from the sale of
the Grouse Run  Apartments  property in June 1998, as reduced by the repayment
of the related note payable.

Management  believes that the Company's  sources of capital as described under
Liquidity and Capital  Resources  are adequate to meet its liquidity  needs in
the  foreseeable  future.  As disclosed in note 1 to the financial  statements
management is currently seeking to dissolve the Partnership.

IMPACT OF INFLATION
The  Partnership's  management  believes  that  inflation  may have a positive
effect on the  Partnership's  property  portfolio,  but this effect  generally
will not be fully realized until such properties are sold or exchanged.

YEAR 2000
Management  is in the process of  assessing  the impact of Year 2000 issues on
its computer systems and applications.  At this time, management believes that
the costs  associated  with  resolving  these  issues will not have a material
effect on the Company's financial statements.






















                          PROPERTY RESOURCES FUND VI
                      (A CALIFORNIA LIMITED PARTNERSHIP)

                         PART II - OTHER INFORMATION


ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K


(a)   Not applicable

(b)   Reports on Form 8-K

      No reports on Form 8-K were filed by the  Registrant  during the quarter
ended June 30, 1998.










                                  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 thereunto duly authorized.




                                    PROPERTY RESOURCES FUND VI


                                    By:

                                       David P. Goss
                                       Chief Executive Officer


                                    Date: