SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   Form 10-KSB
(Mark One)
[X]   ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
         1934

                   For the fiscal year ended December 31, 2002

[ ]   TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
         OF 1934

                    For the transition period from _________to _________

                         Commission file number 0-14099

                       CONSOLIDATED CAPITAL PROPERTIES VI
                 (Name of small business issuer in its charter)

         California                                               94-2940204
(State or other jurisdiction of                                (I.R.S. Employer
 incorporation or organization)                              Identification No.)

                          55 Beattie Place, PO Box 1089
                        Greenville, South Carolina 29602
                    (Address of principal executive offices)

                    Issuer's telephone number (864) 239-1000

               Securities registered under Section 12(b) of the Exchange Act:

                                      None

               Securities registered under Section 12(g) of the Exchange Act:

                      Units of Limited Partnership Interest
                                (Title of class)

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for 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___

Check if there is no disclosure of delinquent  filers in response to Item 405 of
Regulation S-B contained in this form, and no disclosure  will be contained,  to
the best of the  registrant's  knowledge  in  definitive  proxy  or  information
statements  incorporated  by  reference  in Part III of this Form  10-KSB or any
amendment to this Form 10-KSB. [X]

State issuer's revenues for its most recent fiscal year.  $1,976,000

State the aggregate  market value of the voting  partnership  interests  held by
non-affiliates  computed  by  reference  to the price at which  the  partnership
interests  were sold,  or the average bid and asked  prices of such  partnership
interests as of December 31, 2002. No market exists for the limited  partnership
interests of the Registrant,  and,  therefore,  no aggregate market value can be
determined.

                       DOCUMENTS INCORPORATED BY REFERENCE
                                      None

The matters discussed in this report contain certain forward-looking statements,
including, without limitation, statements regarding future financial performance
and the effect of government  regulations.  The discussions of the  Registrant's
business  and  results  of  operations,   including  forward-looking  statements
pertaining to such matters,  do not take into account the effects of any changes
to the  Registrant's  business  and results of  operations.  Actual  results may
differ  materially  from those described in the  forward-looking  statements and
will  be  affected  by  a  variety  of  risks  and  factors  including,  without
limitation:  national and local economic  conditions;  the terms of governmental
regulations that affect the Registrant and interpretations of those regulations;
the competitive  environment in which the Registrant operates;  financing risks,
including the risk that cash flows from  operations may be  insufficient to meet
required  payments of  principal  and  interest;  real estate  risks,  including
variations  of real  estate  values and the  general  economic  climate in local
markets and competition for tenants in such markets; and possible  environmental
liabilities.   Readers  should  carefully  review  the  Registrant's   financial
statements and the notes thereto,  as well as the risk factors  described in the
documents  the  Registrant  files  from  time to time  with the  Securities  and
Exchange Commission.

                                     PART I

Item 1.     Description of Business

Consolidated  Capital  Properties VI (the  "Partnership"  or  "Registrant")  was
organized on May 23, 1984, as a limited  partnership  under  California  Uniform
Limited  Partnership  Act.  The  general  partner of the  Partnership  is ConCap
Equities,  Inc., a Delaware  corporation (the "General  Partner" or "CEI").  The
General Partner is a subsidiary of Apartment  Investment and Management  Company
("AIMCO") a publicly  traded  real  estate  investment  trust.  The  Partnership
Agreement  provides  that the  Partnership  is to terminate on December 31, 2015
unless terminated prior to such date.

On December 7, 1984, the Partnership  offered $50,000,000 of Limited Partnership
Interest  (the  "Units")  pursuant to a  Registration  Statement  filed with the
Securities and Exchange Commission.  The Units represent equity interests in the
Partnership   and  entitle  the  holders   thereof  to  participate  in  certain
allocations and  distributions of the  Partnership.  The sale of Units closed on
December 6, 1985,  with 181,808  Units sold at $250 each,  or gross  proceeds of
approximately  $45,452,000 to the Partnership.  Since its initial offering,  the
Registrant  has not  received,  nor  are  limited  partners  required  to  make,
additional capital contributions.

The  Partnership is engaged in the business of operating and holding real estate
properties  for  investment.  By the end of fiscal  1987,  the  Partnership  had
acquired  seven  properties  and a 75%  interest  in a  joint  venture  with  an
affiliated partnership which acquired one property. The Partnership continues to
own  and  operate  one  of  these  properties.  (See  "Item  2,  Description  of
Properties".)

The Partnership  has no employees.  Management and  administrative  services are
provided by the General Partner and by agents retained by the General Partner.

Upon  the  Partnership's   formation  in  1984,  Consolidated  Capital  Equities
Corporation ("CCEC"), a Colorado corporation,  was the corporate general partner
and Consolidated Capital Group II ("CCG"), a California general partnership, was
the non-corporate  general partner.  In 1988,  through a series of transactions,
Southmark  Corporation  ("Southmark")  acquired controlling interest in CCEC. In
December  1988,  CCEC filed for  reorganization  under  Chapter 11 of the United
States  Bankruptcy  Code. In 1990, as part of CCEC's  reorganization  plan,  CEI
acquired  CCEC's general  partner  interests in the  Partnership and in 15 other
affiliated public limited  partnerships (the "Affiliated  Partnerships") and CEI
replaced CCEC as managing general partner in all 16 partnerships.  The selection
of CEI as the sole  managing  general  partner was approved by a majority of the
limited  partners in the Partnership and in each of the Affiliated  Partnerships
pursuant to a  solicitation  of the Limited  Partners  dated August 10, 1990. As
part of this  solicitation,  the Limited  Partners also approved an amendment to
the  Partnership  Agreement  limiting  changes of control of the Partnership and
approved conversion of the general partner interest of the non-corporate general
partner,  CCG, to that of a special limited partner  ("Special Limited Partner")
without  voting and without  other  rights of a limited  partner  except for the
economic  interest  previously  held  as a  general  partner.  Pursuant  to this
amendment  to the  Partnership  Agreement,  the  non-corporate  general  partner
interest  of CCG was  converted  to that of a Special  Limited  Partner  and CEI
became the sole general partner of the Partnership on December 31, 1991.

Risk Factors

The  real  estate  business  in which  the  Partnership  is  engaged  is  highly
competitive.  There are other  residential  properties within the market area of
the Partnership's  property.  The number and quality of competitive  properties,
including  those which may be managed by an affiliate of the General  Partner in
such  market  area,  could have a material  effect on the rental  market for the
apartments at the  Partnership's  property and the rents that may be charged for
such apartments. While the General Partner and its affiliates own and/or control
a  significant  number of  apartment  units in the  United  States,  such  units
represent an  insignificant  percentage of total  apartment  units in the United
States and competition for apartments is local.

Laws benefiting  disabled persons may result in the Partnership's  incurrence of
unanticipated  expenses.  Under the Americans with  Disabilities Act of 1990, or
ADA,  all places  intended to be used by the public are required to meet certain
Federal  requirements  related to access and use by disabled persons.  Likewise,
the Fair Housing Amendments Act of 1988, or FHAA, requires apartment  properties
first occupied after March 13, 1990 to be accessible to the  handicapped.  These
and other  Federal,  state  and  local  laws may  require  modifications  to the
Partnership's  property, or restrict renovations of the property.  Noncompliance
with these laws could result in the  imposition  of fines or an award of damages
to  private  litigants  and  also  could  result  in an  order  to  correct  any
non-complying  feature,  which could result in substantial capital expenditures.
Although  the  General  Partner  believes  that the  Partnership's  property  is
substantially in compliance with present requirements, the Partnership may incur
unanticipated expenses to comply with the ADA and the FHAA.

Both the income and expenses of operating the property owned by the  Partnership
are subject to factors outside of the Partnership's  control, such as changes in
the supply and demand for  similar  properties  resulting  from  various  market
conditions, increases/decreases in unemployment or population shifts, changes in
the  availability of permanent  mortgage  financing,  changes in zoning laws, or
changes in patterns or needs of users. In addition,  there are risks inherent in
owning  and  operating  residential   properties  because  such  properties  are
susceptible  to the  impact of  economic  and other  conditions  outside  of the
control of the Partnership.

There have been, and it is possible there may be other, Federal, state and local
legislation  and  regulations   enacted   relating  to  the  protection  of  the
environment.  The Partnership is unable to predict the extent,  if any, to which
such new  legislation  or  regulations  might occur and the degree to which such
existing or new legislation or regulations  might adversely  affect the property
owned by the Partnership.

The  Partnership  monitors its property for evidence of  pollutants,  toxins and
other dangerous substances, including the presence of asbestos. In certain cases
environmental testing has been performed,  which resulted in no material adverse
conditions or liabilities.  In no case has the Partnership  received notice that
it is a potentially  responsible party with respect to an environmental clean up
site.

Insurance  coverage is becoming  more  expensive  and  difficult to obtain.  The
current  insurance market is  characterized by rising premium rates,  increasing
deductibles,  and more restrictive  coverage language.  Recent developments have
resulted in  significant  increases in insurance  premiums and have made it more
difficult to obtain  certain types of insurance.  As an example,  many insurance
carriers are excluding  mold-related  risks from their policy coverages,  or are
adding  significant  restrictions to such coverage.  Continued  deterioration in
insurance   market  place   conditions  may  have  a  negative   effect  on  the
Partnership's operating results.

A further  description  of the  Partnership's  business  is included in "Item 6.
Management's Discussion and Analysis or Plan of Operation" included in this Form
10-KSB.

Item 2.     Description of Property

The following table sets forth the Partnership's investment in property:

                           Date of
Property                   Purchase      Type of Ownership             Use

Colony of Springdale
  Apartments               02/20/87   Fee ownership subject        Apartment
  Springdale, Ohio                    to first mortgage. (1)       261 units

(1) Property is held by a limited  partnership  in which the  Registrant  owns a
    100% interest.

Schedule of Property

Set forth  below for the  Registrant's  property  is the gross  carrying  value,
accumulated  depreciation,  depreciable life, method of depreciation and Federal
tax basis.

<TABLE>
<CAPTION>

                            Gross
                           Carrying   Accumulated                         Federal
Property                    Value     Depreciation    Rate    Method     Tax Basis
                               (in thousands)                          (in thousands)

<S>                        <C>          <C>         <C>                   <C>
Colony of Springdale       $11,256      $ 5,653     5-30 yrs    S/L       $ 4,937
</TABLE>

See the "Note A" included in "Item 7. Financial Statements" for a description of
the Partnership's capitalization and depreciation policies.

Schedule of Property Indebtedness

<TABLE>
<CAPTION>

                           Principal                                        Principal
                           Balance At     Stated                             Balance
                          December 31,   Interest    Period    Maturity      Due At
       Property               2002         Rate    Amortized     Date      Maturity (1)
                         (in thousands)

Colony of Springdale
<S>                          <C>           <C>       <C>       <C>            <C>
  1st mortgage               $5,194        7.79%     20 yrs    11/2019        $ --
</TABLE>

(1)   See "Item 7. Financial Statements, Note D" for information with respect to
      the  Registrant's  ability to prepay this loan and other specific  details
      about the loan.

Rental Rates and Occupancy

Average annual rental rate and occupancy for 2002 and 2001 for the property:

                                       Average Annual            Average Annual
                                        Rental Rate                 Occupancy
                                   (per unit)
 Property                           2002          2001         2002        2001

 Colony of Springdale              $7,419        $7,366         93%         92%

As noted under "Item 1.  Description of Business",  the real estate  industry is
highly  competitive.  The Partnership's  property is subject to competition from
other residential  apartment complexes in the area. The General Partner believes
that the property is adequately  insured.  The property is an apartment  complex
which leases units for lease terms of one year or less.  No  residential  tenant
leases  10% or more of the  available  rental  space.  The  property  is in good
physical  condition,  subject to normal  depreciation  and  deterioration  as is
typical for assets of this type and age.

Real Estate Taxes and Rates

Real estate taxes and the tax rate in 2002 for the property were:

                                    2002             2002
                                    Taxes            Rate
                               (in thousands)

Colony of Springdale                $ 141            4.52%

Capital Improvements

During the year ended December 31, 2002, the Partnership completed approximately
$355,000 of capital improvements at the property. Approximately $97,000 of these
expenditures were repairs completed as a result of a casualty during 2001. These
repairs  were  funded  from  insurance  proceeds  received  in  2001  and  2002.
Additional   improvements   consisted  of  roof   replacement,   floor  covering
replacement,  structural  improvements,  and a water submetering project.  These
improvements were funded from cash from operations. The Partnership is currently
evaluating the capital  improvement  needs of the property for the upcoming year
and currently expects to budget approximately  $78,000. The capital improvements
planned for 2003 at the  Partnership's  property will be made only to the extent
of cash available from operations.

Item 3.     Legal Proceedings

In March 1998, several putative unit holders of limited partnership units of the
Partnership  commenced an action  entitled  Rosalie  Nuanes,  et al. v. Insignia
Financial Group, Inc., et al. (the "Nuanes action") in the Superior Court of the
State of  California  for the  County  of San  Mateo.  The  plaintiffs  named as
defendants,  among others,  the Partnership,  its General Partner and several of
their  affiliated  partnerships and corporate  entities.  The action purports to
assert  claims on behalf of a class of  limited  partners  and  derivatively  on
behalf of a number of limited partnerships (including the Partnership) which are
named as nominal defendants, challenging, among other things, the acquisition of
interests in certain General Partner entities by Insignia  Financial Group, Inc.
("Insignia") and entities which were, at one time, affiliates of Insignia;  past
tender offers by the Insignia  affiliates to acquire limited  partnership units;
management of the  partnerships  by the Insignia  affiliates;  and the series of
transactions  which  closed on October 1, 1998 and  February  26,  1999  whereby
Insignia and Insignia  Properties Trust,  respectively,  were merged into AIMCO.
The plaintiffs seek monetary damages and equitable  relief,  including  judicial
dissolution of the  Partnership.  On June 25, 1998, the General  Partner filed a
motion seeking dismissal of the action. In lieu of responding to the motion, the
plaintiffs  filed an amended  complaint.  The General Partner filed demurrers to
the amended complaint which were heard February 1999.

Pending the ruling on such  demurrers,  settlement  negotiations  commenced.  On
November 2, 1999,  the parties  executed and filed a Stipulation  of Settlement,
settling claims, subject to court approval, on behalf of the Partnership and all
limited partners who owned units as of November 3, 1999. Preliminary approval of
the  settlement  was obtained on November 3, 1999 from the Court,  at which time
the Court set a final  approval  hearing for  December  10,  1999.  Prior to the
December  10,  1999  hearing,  the  Court  received  various  objections  to the
settlement, including a challenge to the Court's preliminary approval based upon
the alleged lack of authority of prior lead counsel to enter the settlement.  On
December  14,  1999,  the General  Partner  and its  affiliates  terminated  the
proposed settlement.  In February 2000, counsel for some of the named plaintiffs
filed a motion to disqualify plaintiff's lead and liaison counsel who negotiated
the settlement.  On June 27, 2000, the Court entered an order disqualifying them
from the case and an appeal was taken  from the order on  October  5,  2000.  On
December 4, 2000, the Court  appointed the law firm of Lieff Cabraser  Heimann &
Bernstein  LLP as new  lead  counsel  for  plaintiffs  and the  putative  class.
Plaintiffs  filed a third  amended  complaint on January 19,  2001.  On March 2,
2001,  the  General  Partner  and its  affiliates  filed a demurrer to the third
amended  complaint.  On May 14, 2001,  the Court heard the demurrer to the third
amended  complaint.  On July 10,  2001,  the Court  issued  an order  sustaining
defendants'  demurrer on certain grounds.  On July 20, 2001,  Plaintiffs filed a
motion for  reconsideration  of the Court's July 10, 2001 order granting in part
and denying in part defendants' demurrer. On September 7, 2001, Plaintiffs filed
a fourth amended class and derivative action  complaint.  On September 12, 2001,
the Court denied Plaintiffs' motion for reconsideration. On October 5, 2001, the
General Partner and affiliated defendants filed a demurrer to the fourth amended
complaint,  which was heard on December 11, 2001. On February 2, 2002, the Court
served its order granting in part the demurrer.  The Court has dismissed without
leave  to amend  certain  of the  plaintiffs'  claims.  On  February  11,  2002,
plaintiffs  filed a motion seeking to certify a putative class  comprised of all
non-affiliated  persons  who own or have owned  units in the  partnerships.  The
General Partner and affiliated  defendants oppose the motion. On April 29, 2002,
the Court held a hearing on plaintiffs' motion for class  certification and took
the matter under submission after further briefing, as ordered by the court, was
submitted by the parties.  On July 10, 2002, the Court entered an order vacating
the  current  trial  date of  January  13,  2003 (as well as the  pre-trial  and
discovery cut-off dates) and stayed the case in its entirety through November 7,
2002 so that the parties could have an  opportunity  to discuss  settlement.  On
October  30,  2002,  the court  entered  an order  extending  the stay in effect
through January 10, 2003.

On January 8, 2003,  the parties filed a  Stipulation  of Settlement in proposed
settlement of the Nuanes action and the Heller action described below. The Court
has  scheduled  the hearing on  preliminary  approval  for April 4, 2003 and the
hearing on final approval for June 2, 2003.

In general  terms,  the  proposed  settlement  provides  for  certification  for
settlement  purposes of a settlement class consisting of all limited partners in
this  Partnership and others (the  "Partnerships")  as of December 20, 2002, the
dismissal  with  prejudice  and  release  of claims  in the  Nuanes  and  Heller
litigation,  payment by AIMCO of $9.9  million  (which shall be  distributed  to
settlement  class  members  after  deduction of attorney fees and costs of class
counsel and certain costs of  settlement)  and up to $ 1 million toward the cost
of independent  appraisals of the Partnerships'  properties by a Court appointed
appraiser.  An affiliate of the General Partner has also agreed to make a tender
offer to purchase all of the partnership  interests in the  Partnerships  within
one year of final approval,  if it is granted,  and to provide partners with the
independent  appraisals at the time of these  tenders.  The proposed  settlement
also  provides  for the  limitation  of the  allowable  costs  which the General
Partner or its affiliates  will charge the  Partnerships in connection with this
litigation  and  imposes  limits  on the  class  counsel  fees and costs in this
litigation.  If the Court grants preliminary approval of the proposed settlement
in March, a notice will be distributed to partners providing detail on the terms
of the proposed settlement.

During the third  quarter of 2001, a complaint  (the "Heller  action") was filed
against  the same  defendants  that are named in the  Nuanes  action,  captioned
Heller v. Insignia Financial Group. On or about August 6, 2001, plaintiffs filed
a first amended  complaint.  The first amended complaint in the Heller action is
brought as a purported  derivative  action,  and asserts  claims for among other
things  breach  of  fiduciary  duty;  unfair  competition;   conversion,  unjust
enrichment;  and judicial  dissolution.  Plaintiffs in the Nuanes action filed a
motion to  consolidate  the Heller action with the Nuanes action and stated that
the Heller action was filed in order to preserve the derivative claims that were
dismissed  without  leave to amend in the Nuanes action by the Court order dated
July 10, 2001. On October 5, 2001, the General Partner and affiliated defendants
moved to strike the first  amended  complaint in its entirety for  violating the
Court's  July 10, 2001 order  granting  in part and denying in part  defendants'
demurrer in the Nuanes action, or  alternatively,  to strike certain portions of
the  complaint  based on the statute of  limitations.  Other  defendants  in the
action demurred to the fourth amended complaint,  and,  alternatively,  moved to
strike the  complaint.  On December  11, 2001,  the court heard  argument on the
motions and took the matters under  submission.  On February 4, 2002,  the Court
served  notice of its order  granting  defendants'  motion to strike  the Heller
complaint  as a violation  of its July 10, 2001 order in the Nuanes  action.  On
March 27, 2002, the plaintiffs  filed a notice  appealing the order striking the
complaint.  Before completing briefing on the appeal, the parties stayed further
proceedings  in the  appeal  pending  the  Court's  review  of the  terms of the
proposed settlement described above.

The  General  Partner  does not  anticipate  that any costs to the  Partnership,
whether legal or settlement costs,  associated with these cases will be material
to the Partnership's overall operations.

The  Partnership is unaware of any other pending or outstanding  litigation that
is not of a routine nature arising in the ordinary course of business.

Item 4.     Submission of Matters to a Vote of Security Holders

During the quarter ended  December 31, 2002, no matters were submitted to a vote
of the unit holders through the solicitation of proxies or otherwise.


                                     PART II

Item 5. Market for the  Registrant's  Common Equity and Related  Security Holder
Matters

The Partnership,  a publicly-held limited partnership,  offered and sold 181,808
limited partnership units (the "Units") aggregating $45,452,000. The Partnership
currently  has 2,597  holders of record  owning an aggregate  of 181,300  Units.
Affiliates  of the General  Partner owned 91,747 units or 50.61% at December 31,
2002.  No public  trading  market has  developed  for the  Units,  and it is not
anticipated that such a market will develop in the future.

The  following  table  sets  forth  the  operating  distributions  made  by  the
Partnership for the years ended December 31, 2002 and 2001.

                                                Distributions
                                                           Per Limited
                                        Aggregate        Partnership Unit
                                     (in thousands)

       01/01/01 - 12/31/01               $ 534                $ 2.83
       01/01/02 - 12/31/02                  --                    --

Future cash  distributions  will depend on the levels of net cash generated from
operations,  the  availability  of cash  reserves  and the  timing  of the  debt
maturity,  refinancing,  and/or sale of the  property.  The  Partnership's  cash
available  for  distribution  is  reviewed on a monthly  basis.  There can be no
assurance that the Partnership  will generate  sufficient  funds from operations
after required capital  expenditures to permit any distributions to its partners
in 2003 or subsequent periods.

In addition to its indirect  ownership of the general  partner  interests in the
Partnership,  AIMCO and its affiliates owned 91,747 limited partnership units in
the Partnership  representing  50.61% of the  outstanding  Units at December 31,
2002. A number of these Units were  acquired  pursuant to tender  offers made by
AIMCO or its  affiliates.  It is  possible  that  AIMCO or its  affiliates  will
acquire additional units of limited  partnership  interest in the Partnership in
exchange  for  cash  or a  combination  of  cash  and  units  in  the  operating
partnership of AIMCO either through  private  purchases or tender offers.  Under
the  Partnership  Agreement,  unitholders  holding a  majority  of the Units are
entitled to take action with respect to a variety of matters which would include
voting on certain  amendments to the Partnership  Agreement and voting to remove
the General  Partner.  As a result of its ownership of 50.61% of the outstanding
Units,  AIMCO is in a position to control all voting  decisions  with respect to
the  Partnership.  Although  the General  Partner owes  fiduciary  duties to the
limited  partners of the  Partnership,  the General  Partner also owes fiduciary
duties to AIMCO as its sole stockholder.  As a result, the duties of the General
Partner,  as general  partner,  to the Partnership and its limited  partners may
come into conflict with the duties of the General  Partner to AIMCO, as its sole
stockholder.

Item 6.     Management's Discussion and Analysis or Plan of Operation

This  item  should  be read  in  conjunction  with  the  consolidated  financial
statements and other items contained elsewhere in this report.

Results of Operations

The  Partnership's  net income  for the year ended  December  31,  2002  totaled
approximately  $72,000 compared to a net loss of approximately  $171,000 for the
corresponding  period of 2001.  The  increase  in net  income for the year ended
December  31,  2002 is due to an increase  in total  revenues  and a decrease in
total expenses. The increase in total revenues is attributable to an increase in
rental income and, to a lesser extent, an increase in other income. The increase
in rental  income is due to an increase in occupancy  and average  annual rental
rates and a decrease in  concessions  offered to tenants at Colony of Springdale
Apartments.  The  increase in other  income is  primarily  due to an increase in
utility reimbursements, partially offset by a decrease in interest income due to
lower average cash balances in interest bearing accounts.

The increase in rental  income and other income  during the year ended  December
31, 2002 was partially  offset by a decrease in the casualty gains recognized in
2002 and 2001.  The casualty gain is related to a fire at the property in August
2001.  A gain of  approximately  $43,000  was  recognized  during the year ended
December  31,  2001  as a  result  of  the  receipt  of  insurance  proceeds  of
approximately   $73,000,   net  of  the  write-off  of  undepreciated   property
improvements and replacements of  approximately  $30,000.  An additional gain of
approximately $18,000 was recognized during the year ended December 31, 2002 due
to the receipt of additional insurance proceeds of approximately $19,000, net of
the write off of additional undepreciated property improvements and replacements
of approximately $1,000.

The  decrease  in total  expenses  for the year ended  December  31, 2002 is the
result of a decrease  in  operating  and  general  and  administrative  expenses
partially  offset by an  increase  in property  tax and  depreciation  expenses.
Interest  expense  remained  relatively  constant  for the  comparable  periods.
Operating  expenses  decreased  primarily  due  to a  decrease  in  advertising,
maintenance and property expenses.  Advertising expense decreased due to reduced
ads in newspapers  and  periodicals  and reduced  referral fees. The decrease in
maintenance  expenses is primarily due to a decrease in contract services at the
investment property. Also contributing to the decrease in maintenance expense is
an increase in the  capitalization of certain direct and indirect project costs,
primarily  payroll  related  costs,  at the  property  (see  "Item 7.  Financial
Statements,  Note A - Organization  and Significant  Accounting  Policies.") The
decrease  in  property  expenses  is  primarily  due to a decrease  in  employee
salaries  and  related  benefits,  reduced  commissions  and bonuses and reduced
utilities at the investment  property.  The increase in property tax expense for
the  year  ended  December  31,  2002 is due to an  increase  in the  property's
assessed  value and the timing of the receipt of the tax bills,  which  affected
the recording of the associated  accrual at both December 31, 2002 and 2001. The
increase in depreciation  expense is due to capital  expenditures put in service
over the past year.

The  decrease  in general  and  administrative  expenses  is due to the  special
management fee of 9% on  distributions  from  operations  earned during the year
ended  December 31, 2001. No such fee was earned during the year ended  December
31, 2002. General and  administrative  expenses also decreased due to a decrease
in the cost of services included in the management reimbursements to the General
Partner as allowed under the Partnership Agreement. Also included in general and
administrative expenses at both December 31, 2002 and 2001, are costs associated
with the  quarterly and annual  communications  with  investors  and  regulatory
agencies and the annual audit required by the Partnership Agreement.

As part of the ongoing  business plan of the  Partnership,  the General  Partner
monitors the rental market environment of its investment  property to assess the
feasibility of increasing rents,  maintaining or increasing occupancy levels and
protecting the Partnership from increases in expenses. As part of this plan, the
General  Partner  attempts  to  protect  the  Partnership  from  the  burden  of
inflation-related  increases in expenses by increasing  rents and  maintaining a
high overall occupancy level. However, due to changing market conditions,  which
can  result in the use of rental  concessions  and rental  reductions  to offset
softening market conditions, there is no guarantee that the General Partner will
be able to sustain such a plan.

Liquidity and Capital Resources

At  December  31,  2002,  the  Partnership  had  cash and  cash  equivalents  of
approximately  $178,000 compared to approximately $240,000 at December 31, 2001.
Cash  and  cash   equivalents   decreased  by   approximately   $62,000  due  to
approximately  $281,000  and $336,000 of cash used in  financing  and  investing
activities,  respectively,  partially offset by  approximately  $555,000 of cash
provided by operating activities. Cash used in financing activities consisted of
payments on advances from affiliates and principal payments made on the mortgage
encumbering  the  Partnership's  property  partially  offset  by  advances  from
affiliates. Cash used in investing activities consisted of property improvements
and  replacements   partially  offset  by  insurance  proceeds   received.   The
Partnership invests its working capital reserves in interest bearing accounts.

In  accordance  with the  Partnership  Agreement,  an  affiliate  of the General
Partner advanced the Partnership  $158,000 to cover operating expenses at Colony
of  Springdale   Apartments  during  the  year  ended  December  31,  2001.  The
Partnership repaid approximately $19,000 of this advance including approximately
$1,000 in accrued interest during 2001. During the year ended December 31, 2002,
the Partnership  received  additional  advances from an affiliate of the General
Partner of approximately  $98,000.  During the year ended December 31, 2002, all
the advances were repaid  including  approximately  $5,000 in accrued  interest.
Interest  was charged at the prime rate plus 2% and  amounted  to  approximately
$4,000 and $2,000, respectively, for the years ended December 31, 2002 and 2001.

The sufficiency of existing  liquid assets to meet future  liquidity and capital
expenditure   requirements   is  directly   related  to  the  level  of  capital
expenditures required at the property to adequately maintain the physical assets
and other operating needs of the Partnership and to comply with Federal,  state,
and local  legal and  regulatory  requirements.  The  General  Partner  monitors
developments in the area of legal and regulatory  compliance and is studying new
federal laws,  including the  Sarbanes-Oxley Act of 2002. The Sarbanes-Oxley Act
of 2002  mandates  or suggests  additional  compliance  measures  with regard to
governance,  disclosure,  audit and other areas. In light of these changes,  the
Partnership  expects that it will incur higher  expenses  related to compliance,
including   increased  legal  and  audit  fees.  The  Partnership  is  currently
evaluating the capital  improvement needs of the property for the upcoming year.
The minimum  amount to be budgeted  is  expected  to be  approximately  $78,000.
Additional  improvements  may be  considered  and will  depend  on the  physical
condition  of the  property as well as  anticipated  cash flow  generated by the
property.  The capital  expenditures  will be incurred only if cash is available
from operations or from Partnership  reserves.  To the extent that such budgeted
capital improvements are completed, the Registrant's distributable cash flow, if
any, may be adversely affected at least in the short term.

The  Registrant's  assets are thought to be  sufficient  for any near term needs
(exclusive  of  capital   improvements)   of  the   Partnership.   The  mortgage
indebtedness of approximately  $5,194,000 matures in November 2019 at which time
the mortgage is scheduled to be fully amortized.

Pursuant to the Partnership Agreement,  the term of the Partnership is scheduled
to expire on December 31, 2015. Accordingly,  prior to such date the Partnership
will need to  either  sell its  investment  property  or extend  the term of the
Partnership.

The Partnership distributed the following amounts during the year ended December
31, 2002 and 2001 (in thousands, except per unit data):

<TABLE>
<CAPTION>

                                                 Per                          Per
                              Year Ended       Limited       Year Ended     Limited
                             December 31,    Partnership    December 31,  Partnership
                                 2002            Unit           2001          Unit

<S>                             <C>             <C>            <C>           <C>
   Operations                   $   --          $    --        $  534        $  2.83
</TABLE>

Future cash  distributions  will depend on the levels of net cash generated from
operations,  the  availability  of cash  reserves  and the  timing  of the  debt
maturity,  refinancing  and/or  sale  of the  property.  The  Registrant's  cash
available  for  distribution  is  reviewed on a monthly  basis.  There can be no
assurance that the Partnership  will generate  sufficient funds from operations,
after required  capital  expenditures,  to permit  distributions to its partners
during 2003 or subsequent periods.

Other

In addition to its indirect  ownership of the general  partner  interests in the
Partnership,  AIMCO and its affiliates  owned 91,747 limited  partnership  units
(the "Units") in the Partnership representing 50.61% of the outstanding Units at
December  31,  2002.  A number of these Units were  acquired  pursuant to tender
offers  made by  AIMCO  or its  affiliates.  It is  possible  that  AIMCO or its
affiliates will acquire additional units of limited partnership  interest in the
Partnership  in  exchange  for cash or a  combination  of cash and  units in the
operating  partnership  of AIMCO  either  through  private  purchases  or tender
offers. Under the Partnership  Agreement,  unitholders holding a majority of the
Units are  entitled to take action  with  respect to a variety of matters  which
would  include  voting on certain  amendments to the  Partnership  Agreement and
voting to remove the General Partner.  As a result of its ownership of 50.61% of
the outstanding  Units,  AIMCO is in a position to control all voting  decisions
with respect to the  Partnership.  Although the General  Partner owes  fiduciary
duties to the limited partners of the Partnership, the General Partner also owes
fiduciary duties to AIMCO as its sole  stockholder.  As a result,  the duties of
the General  Partner,  as general  partner,  to the  Partnership and its limited
partners may come into conflict with the duties of the General Partner to AIMCO,
as its sole stockholder.

Critical Accounting Policies and Estimates

A summary of the Partnership's  significant  accounting  policies is included in
"Note A - Organization and Significant Accounting Policies" which is included in
the consolidated  financial  statements in "Item 7. Financial  Statements".  The
General  Partner  believes that the  consistent  application  of these  policies
enables the  Partnership  to provide  readers of the financial  statements  with
useful and reliable  information about the  Partnership's  operating results and
financial  condition.  The preparation of consolidated  financial  statements in
conformity with accounting  principles  generally  accepted in the United States
requires the Partnership to make estimates and assumptions.  These estimates and
assumptions affect the reported amounts of assets and liabilities at the date of
the financial  statements  as well as reported  amounts of revenues and expenses
during the reporting  period.  Actual results could differ from these estimates.
Judgments  and  assessments  of  uncertainties  are  required  in  applying  the
Partnership's  accounting policies in many areas. The Partnership believes that,
of its  significant  accounting  policies,  the  following  may involve a higher
degree of judgment and complexity.

Impairment of Long-Lived Assets

The  investment  property is recorded at cost,  less  accumulated  depreciation,
unless  considered  impaired.  If  events  or  circumstances  indicate  that the
carrying  amount of a property may be  impaired,  the  Partnership  will make an
assessment of its  recoverability  by estimating  the  undiscounted  future cash
flows,  excluding  interest  charges,  of the property.  If the carrying  amount
exceeds the aggregate  future cash flows,  the  Partnership  would  recognize an
impairment  loss to the extent the carrying amount exceeds the fair value of the
property.

Real  property  investments  are  subject  to varying  degrees of risk.  Several
factors  may  adversely  affect  the  economic  performance  and  value  of  the
Partnership's   investment  property.  These  factors  include  changes  in  the
national,  regional and local economic  climate;  local  conditions,  such as an
oversupply  of  multifamily   properties;   competition   from  other  available
multifamily  property  owners and changes in market  rental  rates.  Any adverse
changes in these factors could cause an impairment in the Partnership's assets.

Revenue Recognition

The Partnership generally leases apartment units for twelve-month terms or less.
Rental income  attributable to leases is recognized  monthly as it is earned and
the Partnership  fully reserves all balances  outstanding  over thirty days. The
Partnership will offer rental concessions during  particularly slow months or in
response  to  heavy  competition  from  other  similar  complexes  in the  area.
Concessions are charged to income as incurred.


Item 7.     Financial Statements

CONSOLIDATED CAPITAL PROPERTIES VI

LIST OF FINANCIAL STATEMENTS

      Report of Ernst & Young, LLP, Independent Auditors

      Consolidated Balance Sheet - December 31, 2002

      Consolidated Statements of Operations - Years ended December 31, 2002 and
        2001

      Consolidated  Statements of Changes in Partners' (Deficit) Capital - Years
      ended December 31, 2002 and 2001

      Consolidated  Statements of Cash Flows - Years ended December 31, 2002 and
        2001

      Notes to Consolidated Financial Statements

                     Report of Ernst & Young LLP, Independent Auditors



The Partners
Consolidated Capital Properties VI


We have audited the  accompanying  consolidated  balance  sheet of  Consolidated
Capital  Properties  VI as of December  31, 2002,  and the related  consolidated
statements of operations, changes in partners' (deficit) capital, and cash flows
for each of the two years in the period ended December 31, 2002. These financial
statements  are  the  responsibility  of  the  Partnership's   management.   Our
responsibility  is to express an opinion on these financial  statements based on
our audits.

We conducted our audits in accordance with auditing standards generally accepted
in the United States. Those standards require that we plan and perform the audit
to obtain reasonable  assurance about whether the financial  statements are free
of material misstatement. An audit includes examining, on a test basis, evidence
supporting  the amounts and  disclosures in the financial  statements.  An audit
also includes assessing the accounting principles used and significant estimates
made  by the  Partnership's  management,  as  well  as  evaluating  the  overall
financial  statement  presentation.   We  believe  that  our  audits  provide  a
reasonable basis for our opinion.

In our opinion,  the financial  statements  referred to above present fairly, in
all material  respects,  the  consolidated  financial  position of  Consolidated
Capital Properties VI at December 31, 2002, and the consolidated  results of its
operations  and its cash  flows  for each of the two years in the  period  ended
December 31, 2002, in conformity with accounting  principles  generally accepted
in the United States.


                                                            /s/ERNST & YOUNG LLP


Greenville, South Carolina
February 14, 2003

                       CONSOLIDATED CAPITAL PROPERTIES VI
                           CONSOLIDATED BALANCE SHEET
                        (in thousands, except unit data)

                                December 31, 2002

<TABLE>
<CAPTION>


Assets
<S>                                                                          <C>
   Cash and cash equivalents                                                 $ 178
   Receivables and deposits                                                      25
   Other assets                                                                 115
   Investment property (Notes E and F):
      Land                                                     $ 916
      Buildings and personal property                          10,340
                                                               11,256
      Less accumulated depreciation                            (5,653)        5,603

                                                                            $ 5,921
Liabilities and Partners' (Deficit) Capital
Liabilities
   Accounts payable                                                           $ 39
   Tenant security deposit liabilities                                           75
   Accrued property taxes                                                       135
   Other liabilities                                                            110
   Mortgage note payable (Note E)                                             5,194

Partners' (Deficit) Capital
   General partner                                              $ (2)
   Special limited partners                                       (73)
   Limited partners (181,300 units issued and
      outstanding)                                                443           368

                                                                            $ 5,921


                See Accompanying Notes to Consolidated Financial Statements
</TABLE>

                       CONSOLIDATED CAPITAL PROPERTIES VI
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                      (in thousands, except per unit data)


<TABLE>
<CAPTION>

                                                           Years Ended December 31,
                                                              2002         2001
Revenues:
<S>                                                          <C>          <C>
   Rental income                                             $ 1,716      $ 1,602
   Other income                                                  242          200
   Casualty gain (Note H)                                         18           43
      Total revenues                                           1,976        1,845

Expenses:
   Operating                                                     775          867
   General and administrative                                    109          192
   Depreciation                                                  453          434
   Interest                                                      423          421
   Property taxes                                                144          102
      Total expenses                                           1,904        2,016

Net income (loss) (Note G)                                    $ 72        $ (171)

Net income (loss) allocated to general partner                $ --         $ --
Net income (loss) allocated to special limited
  partners                                                         3           --
Net income (loss) allocated to limited partners                   69         (171)
                                                              $ 72        $ (171)

Net income (loss) per limited partnership unit                $ .38       $ (.94)

Distribution per limited partnership unit                     $ --        $ 2.83

                See Accompanying Notes to Consolidated Financial Statements
</TABLE>

                             CONSOLIDATED CAPITAL PROPERTIES VI
             CONSOLIDATED STATEMENTS OF CHANGES IN PARTNERS' (DEFICIT) CAPITAL
                        (in thousands, except unit data)


<TABLE>
<CAPTION>

                                 Limited                 Special
                               Partnership    General    Limited    Limited
                                  Units       Partner    Partners   Partners    Total

Original capital
<S>                              <C>            <C>        <C>      <C>        <C>
   contributions                 181,808        $ 1        $ --     $45,452    $45,453

Partners' (deficit) capital
   at December 31, 2000          181,300       $ (1)      $ (70)    $ 1,072    $ 1,001

Amortization of timing
   difference (Note D)                --           --          9         (9)        --

Distributions paid to
  Partners                            --           (1)       (20)      (513)       534

Net loss for the year ended
   December 31, 2001                  --           --         --       (171)      (171)

Partners' (deficit) capital
   at December 31, 2001          181,300           (2)       (81)       379        296

Amortization of timing
   difference (Note D)                --           --          5         (5)        --

Net income for the year
   ended December 31, 2002            --           --          3         69         72

Partners' (deficit) capital
   at December 31, 2002          181,300       $ (2)      $ (73)     $ 443      $ 368

                See Accompanying Notes to Consolidated Financial Statements
</TABLE>

                       CONSOLIDATED CAPITAL PROPERTIES VI
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                 (in thousands)

<TABLE>
<CAPTION>

                                                              Years Ended December 31,
                                                                   2002         2001
Cash flows from operating activities:
<S>                                                                <C>         <C>
  Net income (loss)                                                $ 72        $ (171)
  Adjustments to reconcile net income (loss) to net
   cash provided by operating activities:
     Depreciation                                                    453          434
     Amortization of loan costs                                        6            7
     Casualty gain                                                   (18)         (43)
     Change in accounts:
      Receivables and deposits                                        30          (34)
      Other assets                                                    (1)           4
      Accounts payable                                               (50)          37
      Tenant security deposit liabilities                             12          (19)
      Accrued taxes                                                   13          (26)
      Other liabilities                                               39            5
      Due to Affiliates                                               (1)           1

        Net cash provided by operating activities                    555          195

Cash flows from investing activities:
  Property improvements and replacements                            (355)        (303)
  Insurance proceeds received                                         19           73

        Net cash used in investing activities                       (336)        (230)

Cash flows from financing activities:
  Payments on mortgage note payable                                 (142)        (140)
  Advances from affiliate                                             98          158
  Payments on advances from affiliate                               (237)         (19)
  Distributions paid to partners                                      --         (534)

        Net cash used in financing activities                       (281)        (535)

Net decrease in cash and cash equivalents                            (62)        (570)

Cash and cash equivalents at beginning of year                       240          810

Cash and cash equivalents at end of year                          $ 178        $ 240

Supplemental disclosure of cash flow information:
  Cash paid for interest                                          $ 418        $ 379


                See Accompanying Notes to Consolidated Financial Statements
</TABLE>


                       CONSOLIDATED CAPITAL PROPERTIES VI
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

                                December 31, 2002


Note A - Organization and Summary of Significant Accounting Policies

Organization:   Consolidated   Capital   Properties  VI,  a  California  limited
partnership (the "Partnership" or "Registrant"),  was formed on May 23, 1984, to
acquire and operate commercial and residential  properties.  The general partner
of the Partnership is ConCap  Equities,  Inc. (the "General  Partner" or "CEI").
The General  Partner is a subsidiary  of  Apartment  Investment  and  Management
Company ("AIMCO"),  a publicly traded real estate investment trust. The director
and officers of the General  Partner also serve as executive  officers of AIMCO.
The  Partnership  Agreement  provides  that the  Partnership  is to terminate on
December 31, 2015 unless terminated prior to such date. The Partnership operates
one apartment property located in Ohio.

At the  time  of the  Partnership's  formation,  Consolidated  Capital  Equities
Corporation ("CCEC"), a Colorado corporation,  was the corporate general partner
and Consolidated Capital Group II ("CCG"), a California general partnership, was
the non-corporate  general partner.  In 1988,  through a series of transactions,
Southmark  Corporation  ("Southmark")  acquired controlling interest in CCEC. In
December  1988,  CCEC filed for  reorganization  under  Chapter 11 of the United
States  Bankruptcy  Code. In 1990, as part of CCEC's  reorganization  plan,  CEI
acquired  CCEC's general  partner  interests in the  Partnership and in 15 other
affiliated public limited  partnerships (the "Affiliated  Partnerships") and CEI
replaced CCEC as managing general partner in all 16 partnerships.  The selection
of CEI as the sole  managing  general  partner was approved by a majority of the
Limited  Partners in the Partnership and in each of the Affiliated  Partnerships
pursuant to a  solicitation  of the Limited  Partners  dated August 10, 1990. As
part of this  solicitation,  the Limited  Partners also approved an amendment to
the Partnership Agreement to limit changes of control of the Partnership.

Consolidation:  The Partnership's  financial  statements include the accounts of
Colony of Springdale  Associates,  Ltd.,  which holds fee title to the Colony of
Springdale  Apartments.  The  results  of its  operations  are  included  in the
Partnership's    consolidated   financial   statements.   All   interpartnership
transactions have been eliminated.

Uses of Estimates:  The  preparation of financial  statements in conformity with
accounting   principles   generally  accepted  in  the  United  States  requires
management to make estimates and assumptions that affect the amounts reported in
the financial  statements and  accompanying  notes.  Actual results could differ
from those estimates.

Investment  Property:  Investment property consists of one apartment complex and
is stated at cost.  Acquisition  fees are  capitalized as a cost of real estate.
Expenditures  in excess of $250 that  maintain  an  existing  asset  which has a
useful  life of more  than one  year  are  capitalized  as  capital  replacement
expenditures  and  depreciated  over the  estimated  useful  life of the  asset.
Expenditures for ordinary repairs,  maintenance and apartment turnover costs are
expensed as incurred.  In  accordance  with  Statement  of Financial  Accounting
Standards  ("SFAS")  No.  144,  "Accounting  for the  Impairment  or Disposal of
Long-Lived  Assets",  the Partnership  records  impairment  losses on long-lived
assets used in operations when events and circumstances indicate that the assets
might be impaired and the  undiscounted  cash flows estimated to be generated by
those  assets  are less than the  carrying  amounts  of those  assets.  Costs of
apartment  properties that have been permanently impaired have been written down
to appraised  value. No adjustments for impairment of value were recorded in the
years ended  December 31, 2002 or 2001. See "Recent  Accounting  Pronouncements"
below.

During 2001, AIMCO, an affiliate of the General Partner,  commissioned a project
to study process  improvement ideas to reduce operating costs. The result of the
study led to a re-engineering of business processes and eventual redeployment of
personnel and related capital spending. The implementation of these plans during
2002, accounted for as a change in accounting estimate, resulted in a refinement
of the  Partnership's  process  for  capitalizing  certain  direct and  indirect
project costs (principally  payroll related costs) and increased  capitalization
of such costs by approximately $27,000 in 2002 compared to 2001.

Depreciation:  Depreciation  is  provided by the  straight-line  method over the
estimated lives of the apartment  property and related  personal  property.  For
Federal income tax purposes,  the  accelerated  cost recovery method is used for
real property over 18 years for additions after March 15, 1984 and before May 9,
1985, and 19 years for additions  after May 8, 1985, and before January 1, 1987.
As a result of the Tax Reform Act of 1986,  for  additions  after  December  31,
1986, the modified  accelerated cost recovery method is used for depreciation of
(1) real property over 27 1/2 years and (2) personal  property  additions over 5
years.

Cash and Cash Equivalents:  Cash and cash equivalents  includes cash on hand and
in banks.  At certain  times,  the amount of cash deposited at a bank may exceed
the limit on insured deposits.  Cash balances include approximately  $173,000 at
December 31, 2002 that are  maintained  by an affiliated  management  company on
behalf of affiliated entities in cash concentration accounts.

Loan Costs: Loan costs of approximately  $121,000 less accumulated  amortization
of approximately $19,000 are included in other assets and are being amortized by
the  straight-line  method  over the life of the loan.  Amortization  expense of
approximately  $6,000 is  included  in  interest  expense in 2002.  Amortization
expense is expected to be $6,000 for each of the years 2003 through 2007.

Tenant  Security  Deposits:  The  Partnership  requires  security  deposits from
lessees for the duration of the lease.  Deposits  are  refunded  when the tenant
vacates,  provided  the tenant has not  damaged  its space and is current on its
rental payments.

Fair Value of Financial Instruments: SFAS No. 107, "Disclosures about Fair Value
of  Financial  Instruments",  as amended  by SFAS No.  119,  "Disclosures  about
Derivative  Financial  Instruments  and Fair  Value of  Financial  Instruments",
requires  disclosure  of fair value  information  about  financial  instruments,
whether or not recognized in the balance  sheet,  for which it is practicable to
estimate  fair  value.  Fair value is defined in the SFAS as the amount at which
the  instruments  could be exchanged in a current  transaction  between  willing
parties,  other than in a forced or liquidation  sale. The Partnership  believes
that the  carrying  amount of its  financial  instruments  (except for long term
debt)  approximates  their fair value due to the short  term  maturity  of these
instruments.  The  fair  value  of  the  Partnership's  long  term  debt  at the
Partnership's incremental borrowing rate is approximately $5,830,000.

Leases: The Partnership  generally leases apartment units for twelve-month terms
or less.  The  Partnership  recognizes  income as earned on its leases and fully
reserves all balances  outstanding  over thirty days.  In addition,  the General
Partner's policy is to offer rental concessions during  particularly slow months
or in response to heavy  competition  from other similar  complexes in the area.
Concessions are charged against rental income as incurred.

Allocation  of  Profits,  Gains and  Losses:  Profits,  gains and  losses of the
Partnership  are allocated  between  general and limited  partners in accordance
with the provisions of the Partnership Agreement.

The Partnership Agreement,  as amended, and as described more fully in "Note C",
provides net income and losses to be allocated to the general  partner,  special
limited partners and limited partners at 0.2%, 3.8% and 96%, respectively. At no
time shall net losses be  allocated  to the  special  limited  partners  if such
allocation  would make the capital balance  negative or make a negative  balance
larger.  In the  event  that a loss  is not  allocated  to the  special  limited
partners,  it is allocated to the limited  partners.  In the year ended December
31,  2002 the  Partnership  recognized  net income  which was  allocated  to the
general partner, special limited partners and limited partners at 0.2%, 3.8% and
96%,  respectively.  In  the  year  ended  December  31,  2001  the  partnership
recognized  a net loss and the special  limited  partners'  capital  balance was
negative, so the net losses were allocated 0.2% to the general partner and 99.8%
to the limited partners.

Segment Reporting: SFAS No. 131, "Disclosure about Segments of an Enterprise and
Related  Information"  established  standards  for the way that public  business
enterprises  report  information  about operating  segments in annual  financial
statements and requires that those enterprises report selected information about
operating segments in interim financial reports.  It also established  standards
for related disclosures about products and services, geographic areas, and major
customers.  As defined in SFAS No. 131, the  Partnership has only one reportable
segment.

Advertising Costs: The Partnership expenses the cost of advertising as incurred.
Advertising costs of approximately  $35,000 in 2002 and approximately $53,000 in
2001 were charged to expense as incurred and are included in operating expenses.

Recent Pronouncements:  In August 2001, the Financial Accounting Standards Board
issued SFAS No. 144,  "Accounting  for the  Impairment or Disposal of Long-Lived
Assets".  SFAS No. 144 provides accounting guidance for financial accounting and
reporting  for the  impairment or disposal of  long-lived  assets.  SFAS No. 144
supersedes SFAS No. 121, "Accounting for the Impairment of Long-Lived Assets and
for  Long-Lived  Assets to be Disposed Of". SFAS No. 144 is effective for fiscal
years beginning  after December 15, 2001. The  Partnership  adopted SFAS No. 144
effective  January 1, 2002.  Its adoption did not have a material  effect on the
financial position or results of operations of the Partnership.

In April 2002,  the Financial  Accounting  Standards  Board issued SFAS No. 145,
"Recission of FASB Statements No. 4, 44 and 64". SFAS No. 4 "Reporting Gains and
Losses from  Extinguishment  of Debt,"  required  that all gains and losses from
extinguishment  of  debt  be  aggregated  and,  if  material,  classified  as an
extraordinary item. SFAS No. 145 rescinds SFAS No. 4, and accordingly, gains and
losses from extinguishment of debt should only be classified as extraordinary if
they are unusual in nature and occur  infrequently.  SFAS 145 is  effective  for
fiscal  years  beginning  after May 15,  2002 with  early  adoption  an  option.
Effective April 1, 2002, the Partnership  adopted SFAS 145. Its adoption did not
have a material effect on the financial position or results of operations of the
Partnership.

Note B - Related Party Transactions

The Partnership has no employees and is dependent on the General Partner and its
affiliates for the management and administration of all Partnership  activities.
The Partnership  Agreement  provides for payments to affiliates for services and
the  reimbursement of certain  expenses  incurred by affiliates on behalf of the
Partnership.

Affiliates of the General  Partner are entitled to receive 5% of gross  receipts
from  the  Partnership's   property  as  compensation  for  providing   property
management  services.  The  Partnership  paid to such  affiliates  approximately
$115,000  and  $96,000  for  the  years  ended   December  31,  2002  and  2001,
respectively, which is included in operating expenses.

Affiliates  of  the  General  Partner  received   reimbursement  of  accountable
administrative  expenses amounting to approximately $73,000 and $172,000 for the
years  ended  December  31,  2002 and 2001,  respectively  which is  included in
investment  property and general and  administrative  expenses.  At December 31,
2002, a refund of amounts charged for 2002 accountable  administrative  expenses
from an affiliate of the General Partner of approximately $51,000 is included as
a reduction of Other Liabilities on the accompanying  consolidated balance sheet
(see  Note C).  Included  in these  amounts  are fees  related  to  construction
management  services  provided  by  an  affiliate  of  the  General  Partner  of
approximately  $28,000 and  $110,000  for the years ended  December 31, 2002 and
2001,  respectively.  The  construction  management  service fees are calculated
based on a percentage of current year additions to the investment property.

The Partnership Agreement also provides for a special management fee equal to 9%
of the total  distributions  from operations made to the Limited  Partners to be
paid  to  the  General  Partner  for  executive  and  administration  management
services.  The General Partner  received  approximately  $52,000 during the year
ended  December  31,  2001  which is  included  in  general  and  administrative
expenses. No such fee was earned in 2002.

In  accordance  with the  Partnership  Agreement,  an  affiliate  of the General
Partner advanced the Partnership  $158,000 to cover operating expenses at Colony
of  Springdale   Apartments  during  the  year  ended  December  31,  2001.  The
Partnership repaid approximately $19,000 of this advance including approximately
$1,000 in accrued interest during 2001. During the year ended December 31, 2002,
the Partnership  received  additional  advances from an affiliate of the General
Partner of approximately  $98,000.  During the year ended December 31, 2002, all
these advances were repaid including  approximately  $5,000 in accrued interest.
Interest  was charged at the prime rate plus 2% and  amounted  to  approximately
$4,000 and $2,000, respectively for the years ended December 31, 2002 and 2001.

Beginning in 2001,  the  Partnership  began  insuring its property up to certain
limits through coverage provided by AIMCO which is generally  self-insured for a
portion of losses and  liabilities  related  to workers  compensation,  property
casualty and vehicle liability.  The Partnership  insures its property above the
AIMCO  limits  through  insurance  policies  obtained  by  AIMCO  from  insurers
unaffiliated with the General Partner.  During the years ended December 31, 2002
and 2001, the Partnership  paid AIMCO and its affiliates  approximately  $25,000
and $19,000,  respectively,  for  insurance  coverage and fees  associated  with
policy claims administration.

In addition to its indirect  ownership of the general  partner  interests in the
Partnership,  AIMCO and its affiliates  owned 91,747 limited  partnership  units
(the "Units") in the Partnership representing 50.61% of the outstanding Units at
December  31,  2002.  A number of these Units were  acquired  pursuant to tender
offers  made by  AIMCO  or its  affiliates.  It is  possible  that  AIMCO or its
affiliates will acquire additional units of limited partnership  interest in the
Partnership  in  exchange  for cash or a  combination  of cash and  units in the
operating  partnership  of AIMCO  either  through  private  purchases  or tender
offers. Under the Partnership  Agreement,  unitholders holding a majority of the
Units are  entitled to take action  with  respect to a variety of matters  which
would  include  voting on certain  amendments to the  Partnership  Agreement and
voting to remove the General Partner.  As a result of its ownership of 50.61% of
the outstanding  Units,  AIMCO is in a position to control all voting  decisions
with respect to the  Partnership.  Although the General  Partner owes  fiduciary
duties to the limited partners of the Partnership, the General Partner also owes
fiduciary duties to AIMCO as its sole  stockholder.  As a result,  the duties of
the General  Partner,  as general  partner,  to the  Partnership and its limited
partners may come into conflict with the duties of the General Partner to AIMCO,
as its sole stockholder.

Note C - Fourth Quarter Adjustment

The Partnership's  policy is to record management  reimbursements to the General
Partner as allowed under the Partnership  Agreement on a quarterly basis,  using
estimated  financial  information  furnished  by an  affiliate  of  the  General
Partner.  For  the  first  three  quarters  of  2002,  these  reimbursements  of
accountable  administrative expenses were based on estimated amounts. During the
fourth  quarter of 2002,  the  Partnership  recorded an adjustment to management
reimbursements  to  the  General  Partner  of  approximately  $51,000  due  to a
difference  in the  estimated  costs and the actual costs  incurred.  The actual
management reimbursements to the General Partner for the year ended December 31,
2002  were  approximately  $45,000,  as  compared  to the  estimated  management
reimbursements  to the General  Partner for the nine months ended  September 30,
2002 of approximately $72,000.

Note D - Change in Status of Non-Corporate General Partner

During the year ended December 31, 1991, the  Partnership  Agreement was amended
to convert the  general  partner  interests  held by the  non-corporate  general
partner,  Consolidated  Capital  Group II  ("CCG"),  to that of special  limited
partners ("Special Limited Partners").  The Special Limited Partners do not have
a vote and do not have any of the other rights of a Limited  Partner  except the
right to inspect  the  Partnership's  books and  records;  however,  the Special
Limited Partners  retained the economic  interest in the Partnership  which they
previously owned as a general partner.

ConCap Equities, Inc. ("CEI") became the sole general partner of the Partnership
effective  December 31, 1991. In  connection  with CCG's  conversion,  a special
allocation of gross income was made to the Special Limited  Partners in order to
eliminate their tax basis negative capital accounts.

After the conversion,  the various Special Limited Partners transferred portions
of their  interests to CEI so that CEI now holds a .2% interest in all allocable
items of income,  loss and  distribution.  The  difference  between  the Special
Limited  Partner's  capital  accounts for financial  statement and tax reporting
purposes are being amortized to the Limited  Partners'  capital  accounts as the
components of the timing differences which created the balance reverse.

Note E - Mortgage Note Payable

The principal terms of the mortgage note payable are as follows:

<TABLE>
<CAPTION>

                          Principal    Monthly                           Principal
                         Balance At    Payment     Stated                 Balance
                        December 31,  Including   Interest  Maturity       Due At
       Property             2002       Interest     Rate      Date        Maturity
                             (in thousands)
Colony of Springdale
<S>                        <C>           <C>       <C>       <C>            <C>
  1st mortgage             $5,194        $ 46      7.79%     11/2019        $ --
</TABLE>

The mortgage note payable is non-recourse and secured by pledge of the apartment
property and by pledge of revenues from the apartment  property.  The note has a
prepayment  penalty  requirement  if  repaid  prior to  maturity.  Further,  the
property may not be sold subject to existing indebtedness.

Scheduled principal payments of the mortgage note payable subsequent to December
31, 2002 are as follows (in thousands):

                             2003                $ 154
                             2004                   167
                             2005                   180
                             2006                   195
                             2007                   210
                          Thereafter              4,288
                             Total               $5,194

Note F - Real Estate and Accumulated Depreciation

                                               Initial Cost
                                              To Partnership
                                              (in thousands)

                                                     Buildings          Cost
                                                    and Related     Capitalized
                                                      Personal     Subsequent to
      Description         Encumbrance      Land       Property      Acquisition
                         (in thousands)                           (in thousands)
Colony of Springdale
  Springdale, Ohio           $5,194        $ 909       $8,358          $1,989

                        Gross Amount At Which Carried
                             At December 31, 2002
                                (in thousands)

<TABLE>
<CAPTION>

                                  Buildings
                                 And Related
                                   Personal             Accumulated     Date    Depreciable
      Description         Land     Property    Total    Depreciation  Acquired   Life-Years
                                                       (in thousands)
Colony of Springdale
<S>                      <C>       <C>        <C>         <C>          <C>  <C>     <C>
  Springdale, Ohio       $ 916     $10,340    $11,256     $ 5,653      2/20/87      5-30
</TABLE>

Reconciliation of "real estate and accumulated depreciation"

                                                Years Ended December 31,
                                                  2002            2001
                                                     (in thousands)
Investment Properties
Balance at beginning of year                    $10,904          $10,659
  Property improvements                             355              303
  Disposals of property                              (3)             (58)
Balance at end of year                          $11,256          $10,904

Accumulated Depreciation
Balance at beginning of year                    $ 5,202          $ 4,796
  Additions charged to expense                      453              434
  Disposals of property                              (2)             (28)
Balance at end of year                          $ 5,653          $ 5,202

The aggregate cost of the investment property for Federal income tax purposes at
December  31,  2002 and 2001,  is  approximately  $10,376,000  and  $10,052,000,
respectively. The accumulated depreciation taken for Federal income tax purposes
at December  31, 2002 and 2001,  is  approximately  $5,439,000  and  $4,987,000,
respectively.

Note G - Income Taxes

Taxable income or loss of the  Partnership is reported in the income tax returns
of its  partners.  Accordingly,  no  provision  for income  taxes is made in the
consolidated financial statements of the Partnership.

The  following is a  reconciliation  of reported  net income  (loss) and Federal
taxable loss (in thousands, except per unit data):

                                                     2002          2001
Net income (loss) as reported                        $ 72         $ (171)
Add (deduct):
   Depreciation differences                              1            (3)
   Unearned income                                      23             2
   Other                                                 1          (100)
   Accruals and prepaids                                (5)          (12)
Federal taxable income (loss)                        $ 92         $ (284)
Federal taxable income (loss) per limited
   partnership unit                                 $ .50         $(1.56)

The following is a reconciliation between the Partnership's reported amounts and
Federal tax basis of net assets and liabilities (in thousands):

Net assets as reported                          $ 368
Land and buildings                               (880)
Accumulated depreciation                          215
Syndication costs                                4,989
Other                                              332

      Net assets - Federal tax basis            $5,024

Note H - Casualty Event

The casualty gain is related to a fire at the property in August 2001. A gain of
approximately  $43,000 was recognized during the year ended December 31, 2001 as
the result of the receipt of insurance proceeds of approximately $73,000, net of
the  write-off  of  undepreciated  property  improvements  and  replacements  of
approximately   $30,000.  An  additional  gain  of  approximately   $18,000  was
recognized  during  the year  ended  December  31,  2002 due to the  receipt  of
additional insurance proceeds of approximately  $19,000, net of the write off of
additional undepreciated property improvements and replacements of approximately
$1,000.

Note I - Legal Proceedings

In March 1998, several putative unit holders of limited partnership units of the
Partnership  commenced an action  entitled  Rosalie  Nuanes,  et al. v. Insignia
Financial Group, Inc., et al. (the "Nuanes action") in the Superior Court of the
State of  California  for the  County  of San  Mateo.  The  plaintiffs  named as
defendants,  among others,  the Partnership,  its General Partner and several of
their  affiliated  partnerships and corporate  entities.  The action purports to
assert  claims on behalf of a class of  limited  partners  and  derivatively  on
behalf of a number of limited partnerships (including the Partnership) which are
named as nominal defendants, challenging, among other things, the acquisition of
interests in certain General Partner entities by Insignia  Financial Group, Inc.
("Insignia") and entities which were, at one time, affiliates of Insignia;  past
tender offers by the Insignia  affiliates to acquire limited  partnership units;
management of the  partnerships  by the Insignia  affiliates;  and the series of
transactions  which  closed on October 1, 1998 and  February  26,  1999  whereby
Insignia and Insignia  Properties Trust,  respectively,  were merged into AIMCO.
The plaintiffs seek monetary damages and equitable  relief,  including  judicial
dissolution of the  Partnership.  On June 25, 1998, the General  Partner filed a
motion seeking dismissal of the action. In lieu of responding to the motion, the
plaintiffs  filed an amended  complaint.  The General Partner filed demurrers to
the amended complaint which were heard February 1999.

Pending the ruling on such  demurrers,  settlement  negotiations  commenced.  On
November 2, 1999,  the parties  executed and filed a Stipulation  of Settlement,
settling claims, subject to court approval, on behalf of the Partnership and all
limited partners who owned units as of November 3, 1999. Preliminary approval of
the  settlement  was obtained on November 3, 1999 from the Court,  at which time
the Court set a final  approval  hearing for  December  10,  1999.  Prior to the
December  10,  1999  hearing,  the  Court  received  various  objections  to the
settlement, including a challenge to the Court's preliminary approval based upon
the alleged lack of authority of prior lead counsel to enter the settlement.  On
December  14,  1999,  the General  Partner  and its  affiliates  terminated  the
proposed settlement.  In February 2000, counsel for some of the named plaintiffs
filed a motion to disqualify plaintiff's lead and liaison counsel who negotiated
the settlement.  On June 27, 2000, the Court entered an order disqualifying them
from the case and an appeal was taken  from the order on  October  5,  2000.  On
December 4, 2000, the Court  appointed the law firm of Lieff Cabraser  Heimann &
Bernstein  LLP as new  lead  counsel  for  plaintiffs  and the  putative  class.
Plaintiffs  filed a third  amended  complaint on January 19,  2001.  On March 2,
2001,  the  General  Partner  and its  affiliates  filed a demurrer to the third
amended  complaint.  On May 14, 2001,  the Court heard the demurrer to the third
amended  complaint.  On July 10,  2001,  the Court  issued  an order  sustaining
defendants'  demurrer on certain grounds.  On July 20, 2001,  Plaintiffs filed a
motion for  reconsideration  of the Court's July 10, 2001 order granting in part
and denying in part defendants' demurrer. On September 7, 2001, Plaintiffs filed
a fourth amended class and derivative action  complaint.  On September 12, 2001,
the Court denied Plaintiffs' motion for reconsideration. On October 5, 2001, the
General Partner and affiliated defendants filed a demurrer to the fourth amended
complaint,  which was heard on December 11, 2001. On February 2, 2002, the Court
served its order granting in part the demurrer.  The Court has dismissed without
leave  to amend  certain  of the  plaintiffs'  claims.  On  February  11,  2002,
plaintiffs  filed a motion seeking to certify a putative class  comprised of all
non-affiliated  persons  who own or have owned  units in the  partnerships.  The
General Partner and affiliated  defendants oppose the motion. On April 29, 2002,
the Court held a hearing on plaintiffs' motion for class  certification and took
the matter under submission after further briefing, as ordered by the court, was
submitted by the parties.  On July 10, 2002, the Court entered an order vacating
the  current  trial  date of  January  13,  2003 (as well as the  pre-trial  and
discovery cut-off dates) and stayed the case in its entirety through November 7,
2002 so that the parties could have an  opportunity  to discuss  settlement.  On
October  30,  2002,  the court  entered  an order  extending  the stay in effect
through January 10, 2003.

On January 8, 2003,  the parties filed a  Stipulation  of Settlement in proposed
settlement of the Nuanes action and the Heller action described below. The Court
has  scheduled  the hearing on  preliminary  approval  for April 4, 2003 and the
hearing on final approval for June 2, 2003.

In general  terms,  the  proposed  settlement  provides  for  certification  for
settlement  purposes of a settlement class consisting of all limited partners in
this  Partnership and others (the  "Partnerships")  as of December 20, 2002, the
dismissal  with  prejudice  and  release  of claims  in the  Nuanes  and  Heller
litigation,  payment by AIMCO of $9.9  million  (which shall be  distributed  to
settlement  class  members  after  deduction of attorney fees and costs of class
counsel and certain costs of  settlement)  and up to $ 1 million toward the cost
of independent  appraisals of the Partnerships'  properties by a Court appointed
appraiser.  An affiliate of the General Partner has also agreed to make a tender
offer to purchase all of the partnership  interests in the  Partnerships  within
one year of final approval,  if it is granted,  and to provide partners with the
independent  appraisals at the time of these  tenders.  The proposed  settlement
also  provides  for the  limitation  of the  allowable  costs  which the General
Partner or its affiliates  will charge the  Partnerships in connection with this
litigation  and  imposes  limits  on the  class  counsel  fees and costs in this
litigation.  If the Court grants preliminary approval of the proposed settlement
in March, a notice will be distributed to partners providing detail on the terms
of the proposed settlement.

During the third  quarter of 2001, a complaint  (the "Heller  action") was filed
against  the same  defendants  that are named in the  Nuanes  action,  captioned
Heller v. Insignia Financial Group. On or about August 6, 2001, plaintiffs filed
a first amended  complaint.  The first amended complaint in the Heller action is
brought as a purported  derivative  action,  and asserts  claims for among other
things  breach  of  fiduciary  duty;  unfair  competition;   conversion,  unjust
enrichment;  and judicial  dissolution.  Plaintiffs in the Nuanes action filed a
motion to  consolidate  the Heller action with the Nuanes action and stated that
the Heller action was filed in order to preserve the derivative claims that were
dismissed  without  leave to amend in the Nuanes action by the Court order dated
July 10, 2001. On October 5, 2001, the General Partner and affiliated defendants
moved to strike the first  amended  complaint in its entirety for  violating the
Court's  July 10, 2001 order  granting  in part and denying in part  defendants'
demurrer in the Nuanes action, or  alternatively,  to strike certain portions of
the  complaint  based on the statute of  limitations.  Other  defendants  in the
action demurred to the fourth amended complaint,  and,  alternatively,  moved to
strike the  complaint.  On December  11, 2001,  the court heard  argument on the
motions and took the matters under  submission.  On February 4, 2002,  the Court
served  notice of its order  granting  defendants'  motion to strike  the Heller
complaint  as a violation  of its July 10, 2001 order in the Nuanes  action.  On
March 27, 2002, the plaintiffs  filed a notice  appealing the order striking the
complaint.  Before completing briefing on the appeal, the parties stayed further
proceedings  in the  appeal  pending  the  Court's  review  of the  terms of the
proposed settlement described above.

The  General  Partner  does not  anticipate  that any costs to the  Partnership,
whether legal or settlement costs,  associated with these cases will be material
to the Partnership's overall operations.

The  Partnership is unaware of any other pending or outstanding  litigation that
is not of a routine nature arising in the ordinary course of business.

Item  8.  Changes  in and  Disagreements  with  Accountants  on  Accounting  and
Financial Disclosure

            None.


                                    PART III

Item 9. Directors, Executive Officers, Promoters and Control Persons; Compliance
with Section 16(a) of the Exchange Act

Consolidated  Capital  Properties VI (the "Partnership" or the "Registrant") has
no officers or directors. ConCap Equities, Inc. (the "General Partner" or "CEI")
manages and controls the Registrant and has general responsibility and authority
in all matters affecting its business.

The name of the director and executive  officers of the General  Partner,  their
age and the  nature of all  positions  with CEI  presently  held by them are set
forth below. There are no family relationships  between or among any officers or
directors.

Name                        Age    Position

Patrick J. Foye              45    Executive Vice President and Director
Thomas C. Novosel            44    Senior Vice President and Chief Accounting
                                     Officer
Paul J. McAuliffe            46    Executive Vice President and Chief
                                     Financial Officer

Patrick J. Foye has been  Executive  Vice  President and Director of the General
Partner since October 1, 1998.  Mr. Foye has served as Executive  Vice President
of AIMCO since May 1998,  where he is responsible  for  continuous  improvement,
acquisitions of partnership securities, consolidation of minority interests, and
corporate and other acquisitions.  Prior to joining AIMCO, Mr. Foye was a Merger
and Acquisitions Partner in the law firm of Skadden, Arps, Slate, Meagher & Flom
LLP from 1989 to 1998.

Thomas C. Novosel has been Senior Vice President and Chief Accounting Officer of
the Managing  General  Partner  since April 1, 2002.  Mr.  Novosel has served as
Senior Vice  President and Chief  Accounting  Officer of AIMCO since April 2000.
From October 1993 until he joined  AIMCO,  Mr.  Novosel was a partner at Ernst &
Young LLP, where he served as the director of real estate advisory  services for
the  southern  Ohio  Valley  area  offices  but did not work on any  assignments
related to AIMCO or the Partnership.

Paul J. McAuliffe has been Executive Vice President and Chief Financial  Officer
of the Managing General Partner since April 1, 2002. Mr. McAuliffe has served as
Executive  Vice  President  of AIMCO  since  February  1999 and Chief  Financial
Officer of AIMCO since  October 1999.  From May 1996 until he joined AIMCO,  Mr.
McAuliffe was Senior Managing Director of Secured Capital Corp.

One or more of the above persons are also directors and/or officers of a general
partner (or general partner of a general partner) of limited  partnerships which
either have a class of  securities  registered  pursuant to Section 12(g) of the
Securities Exchange Act of 1934, or are subject to the reporting requirements of
Section  15(d) of such Act.  Further,  one or more of the above persons are also
directors and/or officers of Apartment Investment and Management Company and the
general  partner  of  AIMCO  Properties,  L.P.,  entities  that  have a class of
securities  registered  pursuant to Section 12(g) of the Securities Exchange Act
of 1934, or are subject to the reporting  requirements of Section 15 (d) of such
Act.

The  executive  officers  and  director  of  the  General  Partner  fulfill  the
obligations  of the Audit  Committee  and  oversee the  Partnership's  financial
reporting  process on behalf of the General Partner.  Management has the primary
responsibility for the financial  statements and the reporting process including
the systems of internal controls. In fulfilling its oversight  responsibilities,
the executive  officers and director of the General Partner reviewed the audited
financial  statements with management including a discussion of the quality, not
just the  acceptability,  of the accounting  principles,  the  reasonableness of
significant  judgments,   and  the  clarity  of  disclosures  in  the  financial
statements.

The  executive  officers and director of the General  Partner  reviewed with the
independent  auditors,  who are  responsible  for  expressing  an opinion on the
conformity of those audited  financial  statements  with  accounting  principles
generally accepted in the United States,  their judgments as to the quality, not
just the  acceptability,  of the  Partnership's  accounting  principles and such
other  matters as are required to be discussed  with the Audit  Committee or its
equivalent under auditing standards  generally accepted in the United States. In
addition,  the  Partnership  has  discussed  with the  independent  auditors the
auditors' independence from management and the Partnership including the matters
in the written  disclosures  required by the  Independence  Standards  Board and
considered  the   compatibility   of  non-audit   services  with  the  auditors'
independence.

The executive  officers and director of the General  Partner  discussed with the
Partnership's  independent auditors the overall scope and plans for their audit.
In  reliance on the reviews and  discussions  referred to above,  the  executive
officers and director of the General  Partner have approved the inclusion of the
audited financial  statements in the Form 10-KSB for the year ended December 31,
2002 for filing with the Securities and Exchange Commission.

The General Partner has reappointed Ernst & Young LLP as independent auditors to
audit the financial  statements of the  Partnership  for 2003. Fees for the 2002
were audit services of approximately $34,000 and non-audit services (principally
tax-related) of approximately $16,000.

Item 10.    Executive Compensation

Neither  the  director  nor the  officers of the General  Partner  received  any
remuneration from the Registrant.

Item 11.    Security Ownership of Certain Beneficial Owners and Management

Except as provided below, as of December 31, 2002, no person was known to CEI to
own of  record  or  beneficially  more  than  five  percent  of the Units of the
Partnership.

Entity                                       Number            Percent
                                            of Units          of Total

Insignia Properties, LP                      42,480            23.43%
   (an affiliate of AIMCO)
AIMCO Properties, LP                         49,267            27.18%
   (an affiliate of AIMCO)

Insignia Properties,  L.P is indirectly  ultimately owned by AIMCO. Its business
address is 55 Beattie Place, Greenville, SC 29602.

AIMCO  Properties,  L.P.  is  indirectly  ultimately  controlled  by AIMCO.  Its
business  address is 4582 S. Ulster St. Parkway,  Suite 1100,  Denver,  Colorado
80237.

No director or officer of the General Partner owns any Units.

As of December  31,  2002,  the  following  persons  were known to CEI to be the
beneficial owners of more than five percent (5%) of its common stock:

                                         Number of            Percent
     Name and Address                    CEI Shares           Of Total
     Insignia Properties Trust            100,000               100%
     55 Beattie Place
     Greenville, SC  29602

Insignia Properties Trust is an affiliate of AIMCO.

Item 12.    Certain Relationships and Related Transactions

The Partnership has no employees and is dependent on the General Partner and its
affiliates for the management and administration of all Partnership  activities.
The Partnership  Agreement  provides for payments to affiliates for services and
the  reimbursement of certain  expenses  incurred by affiliates on behalf of the
Partnership.

Affiliates of the General  Partner are entitled to receive 5% of gross  receipts
from  the  Partnership's   property  as  compensation  for  providing   property
management  services.  The  Partnership  paid to such  affiliates  approximately
$115,000  and  $96,000  for  the  years  ended   December  31,  2002  and  2001,
respectively, which is included in operating expenses.

Affiliates  of  the  General  Partner  received   reimbursement  of  accountable
administrative  expenses amounting to approximately $73,000 and $172,000 for the
years  ended  December  31,  2002 and 2001,  respectively  which is  included in
investment  property and general and  administrative  expenses.  At December 31,
2002, a refund of amounts charged for 2002 accountable  administrative  expenses
from an affiliate of the General Partner of approximately $51,000 is included as
a reduction of Other Liabilities on the accompanying  consolidated balance sheet
(see  Note C).  Included  in these  amounts  are fees  related  to  construction
management  services  provided  by  an  affiliate  of  the  General  Partner  of
approximately  $28,000 and  $110,000  for the years ended  December 31, 2002 and
2001,  respectively.  The  construction  management  service fees are calculated
based on a percentage of current year additions to the investment property.

The Partnership Agreement also provides for a special management fee equal to 9%
of the total  distributions  from operations made to the Limited  Partners to be
paid  to  the  General  Partner  for  executive  and  administration  management
services.  The General Partner  received  approximately  $52,000 during the year
ended  December  31,  2001  which is  included  in  general  and  administrative
expenses. No such fee was earned in 2002.

In  accordance  with the  Partnership  Agreement,  an  affiliate  of the General
Partner advanced the Partnership  $158,000 to cover operating expenses at Colony
of  Springdale   Apartments  during  the  year  ended  December  31,  2001.  The
Partnership repaid approximately $19,000 of this advance including approximately
$1,000 in accrued interest during 2001. During the year ended December 31, 2002,
the Partnership  received  additional  advances from an affiliate of the General
Partner of approximately  $98,000.  During the year ended December 31, 2002, all
these advances were repaid including  approximately  $5,000 in accrued interest.
Interest  was charged at the prime rate plus 2% and  amounted  to  approximately
$4,000 and $2,000, respectively for the years ended December 31, 2002 and 2001.

Beginning in 2001,  the  Partnership  began  insuring its property up to certain
limits through coverage provided by AIMCO which is generally  self-insured for a
portion of losses and  liabilities  related  to workers  compensation,  property
casualty and vehicle liability.  The Partnership  insures its property above the
AIMCO  limits  through  insurance  policies  obtained  by  AIMCO  from  insurers
unaffiliated with the General Partner.  During the years ended December 31, 2002
and 2001, the Partnership  paid AIMCO and its affiliates  approximately  $25,000
and $19,000,  respectively,  for  insurance  coverage and fees  associated  with
policy claims administration.

In addition to its indirect  ownership of the general  partner  interests in the
Partnership,  AIMCO and its affiliates  owned 91,747 limited  partnership  units
(the "Units") in the Partnership representing 50.61% of the outstanding Units at
December  31,  2002.  A number of these Units were  acquired  pursuant to tender
offers  made by  AIMCO  or its  affiliates.  It is  possible  that  AIMCO or its
affiliates will acquire additional units of limited partnership  interest in the
Partnership  in  exchange  for cash or a  combination  of cash and  units in the
operating  partnership  of AIMCO  either  through  private  purchases  or tender
offers. Under the Partnership  Agreement,  unitholders holding a majority of the
Units are  entitled to take action  with  respect to a variety of matters  which
would  include  voting on certain  amendments to the  Partnership  Agreement and
voting to remove the General Partner.  As a result of its ownership of 50.61% of
the outstanding  Units,  AIMCO is in a position to control all voting  decisions
with  respect to the  Registrant.  Although the General  Partner owes  fiduciary
duties to the limited partners of the Partnership, the General Partner also owes
fiduciary duties to AIMCO as its sole  stockholder.  As a result,  the duties of
the General  Partner,  as general  partner,  to the  Partnership and its limited
partners may come into conflict with the duties of the General Partner to AIMCO,
as its sole stockholder.

Conversion of Non-Corporate General Partner; Special Allocation

In the year ended  December 31, 1991, the  Partnership  Agreement was amended to
convert the general partner interest held by the non-corporate  general partner,
CCG, to that of a special  limited  partner  ("Special  Limited  Partner").  The
Special  Limited Partner does not have a vote and does not have any of the other
rights of a Limited Partner except the right to inspect the Partnership's  books
and  records;  however,  the Special  Limited  Partner  will retain the economic
interest in the Partnership  which it previously owned as general  partner.  CEI
became the sole general partner of the Partnership  effective as of December 31,
1991. In connection with CCG's conversion,  a special allocation of gross income
was made to the  Special  Limited  Partner in order to  eliminate  its tax basis
negative capital account.

After the  conversion,  the various  owners of interests in the Special  Limited
Partner  transferred  portions of their interests to CEI so that CEI now holds a
..2%  interest  in all  allocable  items of income,  loss and  distribution.  The
difference  between the Special Limited Partners' capital accounts for financial
statement and tax reporting purposes is being amortized to the Limited Partners'
capital  account as the components of the timing  differences  which created the
balance reverse.

Item 13.    Exhibits, Financial Statements, Schedules and Reports on Form 8-K

      (a)   Exhibits:

            See attached Exhibit Index

      (b) Reports on Form 8-K filed during the fourth quarter of 2002:

            None.

Item 14.  Controls and Procedures

The principal  executive officer and principal  financial officer of the General
Partner, who are the equivalent of the Partnership's principal executive officer
and  principal  financial  officer,  respectively,  have,  within 90 days of the
filing  date  of  this  annual  report,   evaluated  the  effectiveness  of  the
Partnership's  disclosure  controls and  procedures  (as defined in Exchange Act
Rules 13a-14(c) and 15d-14(c)) and have determined that such disclosure controls
and  procedures  are  adequate.  There have been no  significant  changes in the
Partnership's  internal  controls or in other  factors that could  significantly
affect the  Partnership's  internal  controls since the date of evaluation.  The
Partnership does not believe any significant deficiencies or material weaknesses
exist in the Partnership's internal controls. Accordingly, no corrective actions
have been taken.

                                   SIGNATURES



In accordance  with Section 13 or 15(d) of the Exchange Act, the  Registrant has
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.


                                    CONSOLIDATED CAPITAL PROPERTIES VI


                                    By:   CONCAP EQUITIES, INC.
                                          General Partner


                                    By:   /s/Patrick J. Foye
                                          Patrick J. Foye
                                          Executive Vice President


                                    By:   /s/Thomas C. Novosel
                                          Senior Vice President
                                          and Chief Accounting Officer


                                   Date: March 28, 2003


Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following  persons on behalf of the  Registrant and
in the capacities on the date indicated.


/s/Patrick J. Foye            Executive Vice President      Date: March 28, 2003
Patrick J. Foye               and Director


/s/ Thomas C. Novosel         Senior Vice President         Date: March 28, 2003
Thomas C. Novosel             and Chief Accounting Officer

                                  CERTIFICATION


I, Patrick J. Foye, certify that:


1. I have  reviewed this annual  report on Form 10-KSB of  Consolidated  Capital
Properties VI;


2.  Based on my  knowledge,  this  annual  report  does not  contain  any untrue
statement of a material fact or omit to state a material fact  necessary to make
the statements made, in light of the  circumstances  under which such statements
were made,  not  misleading  with  respect to the period  covered by this annual
report;


3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information  included  in this annual  report,  fairly  present in all  material
respects the financial  condition,  results of operations  and cash flows of the
registrant as of, and for, the periods presented in this annual report;


4.  The  registrant's  other  certifying  officers  and  I are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:


      a)  Designed  such  disclosure  controls  and  procedures  to ensure  that
      material   information   relating  to  the   registrant,   including   its
      consolidated  subsidiaries,  is made  known to us by others  within  those
      entities,  particularly  during the period in which this annual  report is
      being prepared;


      b) Evaluated the effectiveness of the registrant's disclosure controls and
      procedures  as of a date  within 90 days prior to the filing  date of this
      annual report (the "Evaluation Date"); and


      c) Presented in this annual report our conclusions about the effectiveness
      of the disclosure  controls and  procedures  based on our evaluation as of
      the Evaluation Date;


5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation,  to the registrant's auditors and the audit committee of
registrant's   board  of  directors  (or  persons   performing   the  equivalent
functions):


      a) All  significant  deficiencies  in the design or  operation of internal
      controls which could adversely affect the registrant's  ability to record,
      process,  summarize and report  financial data and have identified for the
      registrant's auditors any material weaknesses in internal controls; and


      b) Any fraud,  whether or not material,  that involves management or other
      employees  who  have  a  significant  role  in the  registrant's  internal
      controls; and


6. The  registrant's  other  certifying  officers  and I have  indicated in this
annual report whether or not there were significant changes in internal controls
or in other factors that could significantly affect internal controls subsequent
to the date of our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.


Date: March 28, 2003




                             /s/Patrick J. Foye
                             Patrick J. Foye
                             Executive Vice President of ConCap Equities,  Inc.,
                             equivalent of the chief executive officer of the
                             Partnership

                                  CERTIFICATION


I, Paul J. McAuliffe, certify that:


1. I have  reviewed this annual  report on Form 10-KSB of  Consolidated  Capital
Properties VI;


2.  Based on my  knowledge,  this  annual  report  does not  contain  any untrue
statement of a material fact or omit to state a material fact  necessary to make
the statements made, in light of the  circumstances  under which such statements
were made,  not  misleading  with  respect to the period  covered by this annual
report;


3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information  included  in this annual  report,  fairly  present in all  material
respects the financial  condition,  results of operations  and cash flows of the
registrant as of, and for, the periods presented in this annual report;


4.  The  registrant's  other  certifying  officers  and  I are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:


      a)  Designed  such  disclosure  controls  and  procedures  to ensure  that
      material   information   relating  to  the   registrant,   including   its
      consolidated  subsidiaries,  is made  known to us by others  within  those
      entities,  particularly  during the period in which this annual  report is
      being prepared;


      b) Evaluated the effectiveness of the registrant's disclosure controls and
      procedures  as of a date  within 90 days prior to the filing  date of this
      annual report (the "Evaluation Date"); and


      c) Presented in this annual report our conclusions about the effectiveness
      of the disclosure  controls and  procedures  based on our evaluation as of
      the Evaluation Date;


5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation,  to the registrant's auditors and the audit committee of
registrant's   board  of  directors  (or  persons   performing   the  equivalent
functions):


      a) All  significant  deficiencies  in the design or  operation of internal
      controls which could adversely affect the registrant's  ability to record,
      process,  summarize and report  financial data and have identified for the
      registrant's auditors any material weaknesses in internal controls; and


      b) Any fraud,  whether or not material,  that involves management or other
      employees  who  have  a  significant  role  in the  registrant's  internal
      controls; and


6. The  registrant's  other  certifying  officers  and I have  indicated in this
annual report whether or not there were significant changes in internal controls
or in other factors that could significantly affect internal controls subsequent
to the date of our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.


Date: March 28, 2003

                              /s/Paul J. McAuliffe
                              Paul J. McAuliffe
                              Executive Vice President and Chief Financial
                              Officer of ConCap Equities, Inc., equivalent  of
                              the chief financial officer of the Partnership

                       CONSOLIDATED CAPITAL PROPERTIES VI
                                  EXHIBIT INDEX



Exhibit Number    Description of Exhibit

       2.1        Agreement and Plan of Merger,  dated as of October 1, 1998, by
                  and between AIMCO and IPT incorporated by reference to Exhibit
                  2.1 filed  with the  Registrant's  Current  Report on Form 8-K
                  dated October 1, 1998.

      3.1         Certificate of Limited Partnership,  incorporated by reference
                  to the Registration  Statement of Registrant filed October 22,
                  1984, as amended to date.

      3.2         Agreement of Limited Partnership, incorporated by reference to
                  the  Registration  Statement of  Registrant  filed October 22,
                  1984, as amended to date.

      10.1        Bill of Sale and  Assignment  dated  October 23, 1990,  by and
                  between  CCEC and ConCap  Services  Company  (Incorporated  by
                  reference to the Quarterly Report on Form 10-Q for the quarter
                  ended September 30, 1990).

      10.2        Assignment and Assumption Agreement dated October 23, 1990, by
                  and between the CCEC and ConCap Management Limited Partnership
                  ("CCMLP")  (Incorporated  by reference to the Quarterly Report
                  on Form 10-Q for the quarter ended September 30, 1990).

      10.3        Property Management  Agreement No. 119 dated April 9, 1991, by
                  and   between   Colony   Springdale   Associates   and  CCMLP.
                  (Incorporated  by reference to the Annual  Report on Form 10-K
                  for the year ended December 31, 1991).

      10.4        Assignment  and  Agreement as to Certain  Property  Management
                  Services  dated April 9, 1991, by and between CCMLP and ConCap
                  Capital  Company.  (Incorporated  by  reference  to the Annual
                  Report on Form 10-K for the year ended December 31, 1991).

      10.5        Investor  Services  Agreement  dated  October 23, 1990, by and
                  between the Partnership and  CCEC(Incorporated by reference to
                  the  Quarterly  Report  on Form  10-Q  for the  quarter  ended
                  September 30, 1990).

      10.6        Assignment  and  Assumption   Agreement   (Investor   Services
                  Agreement)  dated  October 23,  1990,  by and between CCEC and
                  ConCap  Services  Company  (Incorporated  by  reference to the
                  Annual  Report on Form 10-K for the year  ended  December  31,
                  1990).

      10.7        Letter of Notice dated  December 20,  1991,  from  Partnership
                  Services, Inc. ("PSI") to the Partnership regarding the change
                  in  ownership  and  dissolution  of  ConCap  Services  Company
                  whereby   PSI  assumed  the   Investor   Services   Agreement.
                  (Incorporated  by reference to the Annual  Report on Form 10-K
                  for the year ended December 31, 1991).

      10.8        Financial  Services  Agreement  dated October 23, 1990, by and
                  between the Partnership and CCEC (Incorporated by reference to
                  the  Quarterly  Report  on Form  10-Q  for the  quarter  ended
                  September 30, 1990).

      10.9        Assignment  and  Assumption   Agreement   (Financial  Services
                  Agreement)  dated  October 23,  1990,  by and between CCEC and
                  ConCap  Capital  Company  (Incorporated  by  reference  to the
                  Quarterly  Report on Form 10-Q for the quarter ended September
                  30, 1990).

      10.10       Letter of Notice  dated  December  20,  1991,  from PSI to the
                  Partnership  regarding the change in ownership and dissolution
                  of ConCap  Capital  Company  whereby PSI assumed the Financial
                  Services  Agreement.  (Incorporated by reference to the Annual
                  Report on Form 10-K for the year ended December 31, 1991).

      10.11       Property  Management  Agreement No. 421 dated May 13, 1993, by
                  and between the  Partnership  and  Coventry  Properties,  Inc.
                  (Incorporated  by  reference to the  Quarterly  Report on Form
                  10-Q for the quarter ended September 30, 1993).

          10.12Assignment  and   Assumption   Agreement   (Property   Management
               Agreement  No. 421) dated May 13, 1993,  by and between  Coventry
               Properties,  Inc. and R&B Apartment Management Company,  Inc. and
               Partnership  Services,  Inc.  (Incorporated  by  reference to the
               Quarterly Report on Form 10-Q for the quarter ended September 30,
               1993).

          10.13Assignment  and  Agreement  as  to  Certain  Property  Management
               Services dated May 13, 1993, by and between Coventry  Properties,
               Inc. and Partnership Services, Inc. (Incorporated by reference to
               the Quarterly Report on Form 10-Q for the quarter ended September
               30, 1993).

          10.14Property Management  Agreement No. 515 dated June 1, 1993, by and
               between the Partnership and Coventry Properties, Inc.

          10.15Assignment  and  Agreement  as  to  Certain  Property  Management
               Services  dated  November  17,  1993,  by  and  between  Coventry
               Properties, Inc. and Partnership Services, Inc.

          10.22Multi-family note between Colony of Springdale  Associates,  Ltd.
               and GMAC Commercial Mortgage  Corporation dated October 25, 1999.
               (Incorporated  by  reference  to the  Annual  Report on Form 10-K
               dated December 31, 1999.)

          99   Certification  of Chief  Executive  Officer  and Chief  Financial
               Officer.


Exhibit 99


                          Certification of CEO and CFO
                       Pursuant to 18 U.S.C. Section 1350,
                             As Adopted Pursuant to
                  Section 906 of the Sarbanes-Oxley Act of 2002



In  connection  with the Annual  Report on Form 10-KSB of  Consolidated  Capital
Properties VI (the "Partnership"), for the year ended December 31, 2002 as filed
with the Securities and Exchange  Commission on the date hereof (the  "Report"),
Patrick  J.  Foye,  as the  equivalent  of the chief  executive  officer  of the
Partnership,  and Paul J.  McAuliffe,  as the equivalent of the chief  financial
officer of the Partnership, each hereby certifies, pursuant to 18 U.S.C. Section
1350,  as adopted  pursuant  to Section 906 of the  Sarbanes-Oxley  Act of 2002,
that, to the best of his knowledge:

(1)  The Report fully complies with the  requirements  of Section 13(a) or 15(d)
     of the Securities Exchange Act of 1934; and

(2)  The information  contained in the Report fairly  presents,  in all material
     respects,  the  financial  condition  and  results  of  operations  of  the
     Partnership.


                                    /s/Patrick J. Foye
                              Name: Patrick J. Foye
                              Date: March 28, 2003


                                    /s/Paul J. McAuliffe
                              Name: Paul J. McAuliffe
                              Date: March 28, 2003


This  certification  accompanies  the  Report  pursuant  to  Section  906 of the
Sarbanes-Oxley  Act of 2002 and shall not,  except to the extent required by the
Sarbanes-Oxley  Act of 2002, be deemed filed by the  Partnership for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended.