UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) ~~October~~November 2725, 2009

NATIONAL PROPERTY INVESTORS 8

(Exact name of Registrant as specified in its charter)

California	0-14554	13-3254885
(State or other jurisdiction	(Commission	(I.R.S. Employer
of incorporation)	File Number)	Identification Number)

California 0-14554 13-3254885

55 (State ~~Beattie~~or ~~Place~~other jurisdiction (Commission (I.R.S. Employer

~~Post~~ of ~~Office Box~~incorporation) File ~~1089~~Number) Identification Number)

~~Greenville,~~55 ~~South Carolina 29602~~Beattie Place

~~(Address~~Post ofOffice ~~principal~~Box ~~executive offices)~~1089

~~(864)~~Greenville, ~~239-1000~~South Carolina 29602

(~~Issuer's~~Address ~~telephone~~of principal ~~number~~executive offices)

~~Check the~~(864) ~~appropriate box below if the Form 8~~239-~~K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:~~1000

~~[ ] Written communications pursuant to Rule 425 under the Securities Act~~ (17Registrant’s ~~CFR 230.425~~telephone number)

[Check the ~~] Soliciting~~appropriate ~~material~~box ~~pursuant to~~below ~~Rule~~if ~~14a~~the Form 8-12K ~~under~~filing is intended to simultaneously satisfy the ~~Exchange~~filing ~~Act~~obligations ~~(17~~of ~~CFR~~the ~~240.14a-12)~~registrant under any of the following provisions:

[ ] ~~Pre-commencement communications~~Written communications pursuant to Rule ~~14d-2(b)~~425 under the ~~Exchange~~Securities Act (17 CFR ~~240~~ 230.~~14d-2(b~~425))

[ ] ~~Pre-commencement communications~~Soliciting ~~pursuant~~material pursuant to Rule ~~13e~~14a-~~4(c)~~12 under the Exchange Act (17 CFR 240.~~13e~~14a-~~4(c~~12))

~~Item~~[ ~~5.02~~] Pre-commencement communications ~~Departure~~pursuant ofto ~~Directors~~Rule or14d-2(b) ~~Certain~~under ~~Officers;~~the ~~Election~~Exchange ofAct ~~Directors;~~(17 ~~Appointment of Certain Officers; Compensatory Arrangements of Certain Officers~~CFR 240.14d-2(b))

On[ ~~October~~] Pre-commencement communications ~~27,~~pursuant ~~2009,~~to ~~Apartment~~Rule ~~Investment and Management Company~~ 13e-4(~~"Aimco"~~c) ~~announced~~under the ~~appointment~~Exchange ofAct ~~Ernest~~(17 ~~M. Freedman as~~CFR ~~Executive Vice President and Chief Financial Officer~~240. ~~Mr. Freedman will also serve as Executive Vice President and Chief Financial Officer of the Managing General Partner. Mr. Freedman’s promotion is effective November 1, 2009.~~ 13e-4(c))

~~Aimco~~ITEM also announced that David Robertson, President, Chief Investment Officer and Chief Financial Officer of Aimco and President and Chief Financial Officer of the Managing General Partner is resigning from his position as Chief Financial Officer of Aimco and the Managing General Partner effective November 1~~, 2009, and is resigning from his other positions effective December 31, 2009~~. In01 ~~order~~Entry toInto ~~provide for an orderly transition, Mr. Robertson will continue in an advisory capacity through early 2010, working on~~ a ~~variety~~Material ofDefinitive ~~transactions.~~ Agreement

National Property Investors 8, a California limited partnership (the “Registrant”), owns Huntington Athletic Club Apartments (“Huntington Athletic Club”), a 212-unit apartment complex located in Morrisville, North Carolina. As previously disclosed, on August 28, 2009, the Registrant entered into a Purchase and Sale Contract (the “Purchase Agreement”) with a third party, Morrisville Apartments Partners, LLC, a North Carolina limited liability company (the “Purchaser”), to sell Huntington Athletic Club to the Purchaser for a total sales price of $10,500,000.

As previously disclosed, on September 28, 2009, the Registrant and Purchaser entered into a First Amendment of Purchase and Sale Contract pursuant to which the Registrant agreed to give the Purchaser a credit against the purchase price of $57,000.

On November 25, 2009, the Registrant and Purchaser entered into a Second Amendment of Purchase and Sale Contact (the “Second Amendment”) pursuant to which the loan assumption approval period was extended to December 2, 2009.

This summary of the terms and conditions of the Second Amendment is qualified in its entirety by reference to the Second Amendment, a copy of which is attached hereto as an exhibit.

Item 9.01 Financial Statements and Exhibits

(d) Exhibit

10.35 Second Amendment of Purchase and Sale Contract between National Property Investors 8, a California limited partnership, and Morrisville Apartments Partners, LLC, a North Carolina limited liability company, dated November 25, 2009.*

*Schedules and supplemental materials to the exhibits have been omitted but will be provided to the Securities and Exchange Commission upon request.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NATIONAL PROPERTY INVESTORS 8

By: NPI ~~Equity~~EQUITY ~~Investments~~INVESTMENTS, ~~Inc~~ INC.

Managing General Partner

By: /s/Stephen B. Waters

Stephen B. Waters

Senior Director

Date: ~~November~~December 21, 2009

Filing Compare · NATIONAL PROPERTY INVESTORS 8 /CA/