Asheville Three LLC is a real estate fund based in Huntington, New York. According to its most recent Form D, filed Dec 13, 2024, it has sold $12,020,000 of interests to 62 investors since its first sale in Nov 2023. The minimum investment it accepts from an outside investor is $30,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Christopher Urso.
- Total raised
- $12,020,000Cumulative sales reported on Form D
- Investors
- 62
- First sale
- Nov 19, 2023
- Minimum investment
- $30,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Christopher Urso
- Latest Form D
- Dec 13, 2024
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 Asheville Three LLC
What is the minimum investment for Asheville Three LLC?
According to its latest Form D, filed Dec 13, 2024, the minimum investment Asheville Three LLC accepts from an outside investor is $30,000.
Who can invest in Asheville Three LLC?
Asheville Three 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 Asheville Three LLC raised?
Asheville Three LLC reports $12,020,000 sold from 62 investors on its Form D filed Dec 13, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Asheville Three LLC based?
Asheville Three LLC is based in Huntington, New York.
When did Asheville Three LLC launch?
Asheville Three LLC reports its first sale in Nov 2023, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 85% of the 810 real estate funds based in New York, and more than 81% of all 7,348 that report sales.