AltMountain

16 Akers LLC

Akron, OH · CIK 1849485
Status: no Form D since Apr 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

16 Akers LLC is a real estate fund based in Akron, Ohio. According to its most recent Form D, filed Apr 12, 2021, it has sold $600,000 of interests to 4 investors since its first sale in Apr 2021. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Josh Cantwell.

Total raised
$600,000Cumulative sales reported on Form D
Investors
4
First sale
Apr 2, 2021
Minimum investment
$100,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Josh Cantwell
Latest Form D
Apr 12, 2021

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about 16 Akers LLC

What is the minimum investment for 16 Akers LLC?

According to its latest Form D, filed Apr 12, 2021, the minimum investment 16 Akers LLC accepts from an outside investor is $100,000.

Who can invest in 16 Akers LLC?

16 Akers LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has 16 Akers LLC raised?

16 Akers LLC reports $600,000 sold from 4 investors on its Form D filed Apr 12, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is 16 Akers LLC based?

16 Akers LLC is based in Akron, Ohio.

When did 16 Akers LLC launch?

16 Akers LLC reports its first sale in Apr 2021.

Size compared with every real estate fund

Raised more than 41% of the 258 real estate funds based in Ohio, and more than 26% of all 7,349 that report sales.

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