Acretrader 242, LLC is a real estate fund based in Fayetteville, Arkansas. According to its most recent Form D, filed Sep 13, 2023, it has sold $3,471,000 of interests to 93 investors since its first sale in Aug 2023. The minimum investment it accepts from an outside investor is $15,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Mary Alexander; Stephen Malloy.
- Total raised
- $3,471,000Cumulative sales reported on Form D
- Investors
- 93
- First sale
- Aug 31, 2023
- Minimum investment
- $15,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Mary Alexander; Stephen Malloy
- Latest Form D
- Sep 13, 2023
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 Acretrader 242, LLC
What is the minimum investment for Acretrader 242, LLC?
According to its latest Form D, filed Sep 13, 2023, the minimum investment Acretrader 242, LLC accepts from an outside investor is $15,000.
Who can invest in Acretrader 242, LLC?
Acretrader 242, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Acretrader 242, LLC raised?
Acretrader 242, LLC reports $3,471,000 sold from 93 investors on its Form D filed Sep 13, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Acretrader 242, LLC based?
Acretrader 242, LLC is based in Fayetteville, Arkansas.
When did Acretrader 242, LLC launch?
Acretrader 242, LLC reports its first sale in Aug 2023.
Size compared with every real estate fund
Raised more than 80% of the 87 real estate funds based in Arkansas, and more than 58% of all 7,351 that report sales.