AEI Income & Growth Fund XXII Files 8-K

TL;DR

AEI Income & Growth Fund XXII filed an 8-K with financial statements and exhibits as of Dec 18, 2024.

AI Summary

AEI Income & Growth Fund XXII Limited Partnership filed an 8-K on December 19, 2024, reporting financial statements and exhibits. The filing pertains to the company's operations as of December 18, 2024. The company is incorporated in Minnesota and its principal executive offices are located at 30 East 7th St, Suite 1300, St. Paul, MN.

Why It Matters

This 8-K filing indicates a routine update on financial statements and exhibits for AEI Income & Growth Fund XXII Limited Partnership, providing transparency to investors about the company's financial status.

Risk Assessment

Risk Level: low — This filing is a routine 8-K for financial statements and exhibits, not indicating any significant new risks or events.

Key Players & Entities

• AEI INCOME & GROWTH FUND XXII LTD PARTNERSHIP (company) — Registrant
• December 19, 2024 (date) — Filing Date
• December 18, 2024 (date) — Period of Report
• Minnesota (location) — State of Incorporation
• 30 East 7th St Suite 1300 (address) — Principal Executive Offices
• St. Paul (location) — City of Principal Executive Offices
• MN (location) — State of Principal Executive Offices
• 55101 (postal_code) — ZIP Code of Principal Executive Offices
• 6512277333 (phone_number) — Business Phone

FAQ

Key Financial Figures

• $664,000 — ived net cash proceeds of approximately $664,000 for the property, which resulted in a n
• $35,000 — resulted in a net gain of approximately $35,000.   Section 9 – Financial
• $739,000 — Real Estate would have been reduced by $739,000 and its Current Assets (cash) would hav
• $75,000 — #x2019; Capital would have decreased by $75,000.   For the year ended December&
• $49,896 — me from Operations would have decreased $49,896, representing a decrease in rental inco
• $147,430 — esenting a decrease in rental income of $147,430, a decrease in depreciation expense of
• $84,844 — , a decrease in depreciation expense of $84,844 and a decrease in property management e
• $12,690 — ease in property management expenses of $12,690. For the six months ended June 30,
• $36,614 — me from Operations would have decreased $36,614, representing a decrease in rental inco
• $88,458 — esenting a decrease in rental income of $88,458, a decrease in depreciation expense of
• $47,321 — , a decrease in depreciation expense of $47,321 and a decrease in property management e
• $4,523 — ease in property management expenses of $4,523.   The net effect of these pro
• $51,795 — have caused Net Income to decrease from $51,795 to $1,899 and from $35,442 to a loss of
• $1,899 — Net Income to decrease from $51,795 to $1,899 and from $35,442 to a loss of $(1,172),
• $35,442 — ecrease from $51,795 to $1,899 and from $35,442 to a loss of $(1,172), which would have

Filing Documents

• f228kstvincentlonokear.htm (8-K) — 22KB
• psastvincentlonokear.htm (EX-10.1) — 80KB
• 0001023458-24-000012.txt ( ) — 103KB

01 Completion of Acquisition or Disposition of Assets

Item 2.01 Completion of Acquisition or Disposition of Assets.   On December 17, 2024, the Partnership sold a St. Vincent Medical Clinic in Lonoke, Arkansas to Grateful Holdings LLC, an unrelated third party. The Partnership received net cash proceeds of approximately $664,000 for the property, which resulted in a net gain of approximately $35,000.   Section 9 – Financial Statements and Exhibits  

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.   (a) Financial statements of businesses acquired – Not Applicable.   (b) Pro forma financial information – A limited number of pro forma adjustments are required to illustrate the effects of the transaction on the balance sheet and income statement. The following narrative description is furnished in lieu of pro forma statements. Assuming the Partnership had sold the property on January 1, 2023:   The Partnership's Investments in Real Estate would have been reduced by $739,000 and its Current Assets (cash) would have increased by $664,000 and Partners’ Capital would have decreased by $75,000.   For the year ended December 31, 2023, Income from Operations would have decreased $49,896, representing a decrease in rental income of $147,430, a decrease in depreciation expense of $84,844 and a decrease in property management expenses of $12,690. For the six months ended June 30, 2023, Income from Operations would have decreased $36,614, representing a decrease in rental income of $88,458, a decrease in depreciation expense of $47,321 and a decrease in property management expenses of $4,523.   The net effect of these pro forma adjustments would have caused Net Income to decrease from $51,795 to $1,899 and from $35,442 to a loss of $(1,172), which would have resulted in Net Income of $0.06 and $0.06 per Limited Partnership Unit outstanding for the year ended December 31, 2023 and the six months ended June 30, 2023, respectively.   (c) Shell company transactions – Not Applicable.   (d) Exhibit 10.1 – Purchase and Sale Agreement dated October 17, 2024 between the Partnership and Grateful Holdings, LLC, relating to the property at 130 J F Boulevard, Lonoke, Arkansas.   3

SIGNATURES

SIGNATURES   Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.             AEI Income & Growth Fund XXII   Limited Partnership         By: AEI Fund Management XXI, Inc.   Its: Managing General Partner             Date:  December 18, 2024 By:  /s/ Keith E Petersen     Keith E. Petersen     Chief Financial Officer    

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View this 8-K filing on SEC EDGAR