5521 Springdale, LLC
5521 Springdale, LLC is a real estate fund based in Austin, Texas. According to its most recent Form D, filed Oct 30, 2018, it has sold $2,400,000 of interests to 18 investors since its first sale in Aug 2018. The minimum investment it accepts from an outside investor is $50,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Justin Day; Intrepid Equity Investments, LLC.
- Total raised
- $2,400,000Cumulative sales reported on Form D
- Investors
- 18
- First sale
- Aug 24, 2018
- Minimum investment
- $50,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Justin Day; Intrepid Equity Investments, LLC
- Latest Form D
- Oct 30, 2018
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 5521 Springdale, LLC
What is the minimum investment for 5521 Springdale, LLC?
According to its latest Form D, filed Oct 30, 2018, the minimum investment 5521 Springdale, LLC accepts from an outside investor is $50,000.
Who can invest in 5521 Springdale, LLC?
5521 Springdale, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has 5521 Springdale, LLC raised?
5521 Springdale, LLC reports $2,400,000 sold from 18 investors on its Form D filed Oct 30, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is 5521 Springdale, LLC based?
5521 Springdale, LLC is based in Austin, Texas.
When did 5521 Springdale, LLC launch?
5521 Springdale, LLC reports its first sale in Aug 2018.
Size compared with every real estate fund
Raised more than 63% of the 1,420 real estate funds based in Texas, and more than 49% of all 7,351 that report sales.