AltMountain

Basin Mountain, LLC

Rome, GA · CIK 1662013
506(c)
Status: no Form D since Dec 2015. 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.

Basin Mountain, LLC is a real estate fund based in Rome, Georgia. According to its most recent Form D, filed Dec 28, 2015, it has sold $2,646,000 of interests to 64 investors since its first sale in Dec 2015. The minimum investment it accepts from an outside investor is $27,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Bryan Kelley; Steven Kelley; X Webb Creek Management.

Total raised
$2,646,000Cumulative sales reported on Form D
Investors
64
First sale
Dec 16, 2015
Minimum investment
$27,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Bryan Kelley; Steven Kelley; X Webb Creek Management
Latest Form D
Dec 28, 2015

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 Basin Mountain, LLC

What is the minimum investment for Basin Mountain, LLC?

According to its latest Form D, filed Dec 28, 2015, the minimum investment Basin Mountain, LLC accepts from an outside investor is $27,000.

Who can invest in Basin Mountain, LLC?

Basin Mountain, 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 Basin Mountain, LLC raised?

Basin Mountain, LLC reports $2,646,000 sold from 64 investors on its Form D filed Dec 28, 2015. This is cumulative sales since the offering began, not current assets or performance.

Where is Basin Mountain, LLC based?

Basin Mountain, LLC is based in Rome, Georgia.

When did Basin Mountain, LLC launch?

Basin Mountain, LLC reports its first sale in Dec 2015.

Size compared with every real estate fund

Raised more than 70% of the 490 real estate funds based in Georgia, and more than 51% of all 7,337 that report sales.

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