Ankeny Acres, LLC is a real estate fund based in Mankato, Minnesota. According to its most recent Form D, filed Aug 27, 2021, it has sold $1,250,000 of interests to 11 investors since its first sale in Aug 2021. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Mike Ballard; Kenneth Wick; Kevin Romney.
- Total raised
- $1,250,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Aug 24, 2021
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Mike Ballard; Kenneth Wick; Kevin Romney
- Latest Form D
- Aug 27, 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 Ankeny Acres, LLC
What is the minimum investment for Ankeny Acres, LLC?
According to its latest Form D, filed Aug 27, 2021, the minimum investment Ankeny Acres, LLC accepts from an outside investor is $25,000.
Who can invest in Ankeny Acres, LLC?
Ankeny Acres, 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 Ankeny Acres, LLC raised?
Ankeny Acres, LLC reports $1,250,000 sold from 11 investors on its Form D filed Aug 27, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Ankeny Acres, LLC based?
Ankeny Acres, LLC is based in Mankato, Minnesota.
When did Ankeny Acres, LLC launch?
Ankeny Acres, LLC reports its first sale in Aug 2021.
Size compared with every real estate fund
Raised more than 49% of the 195 real estate funds based in Minnesota, and more than 36% of all 7,351 that report sales.