AltMountain

Cape Resources, LLC

St. Simons Island, GA · CIK 1765410
Status: no Form D since Jan 2019. 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.

Cape Resources, LLC is a real estate fund based in St. Simons Island, Georgia. According to its most recent Form D, filed Jan 18, 2019, it has sold $4,842,082 of interests to 19 investors since its first sale in Dec 2018. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Carlton Walstad.

Total raised
$4,842,082Cumulative sales reported on Form D
Investors
19
First sale
Dec 17, 2018
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Carlton Walstad
Latest Form D
Jan 18, 2019

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 Cape Resources, LLC

What is the minimum investment for Cape Resources, LLC?

According to its latest Form D, filed Jan 18, 2019, the minimum investment Cape Resources, LLC accepts from an outside investor is $25,000.

Who can invest in Cape Resources, LLC?

Cape Resources, 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 Cape Resources, LLC raised?

Cape Resources, LLC reports $4,842,082 sold from 19 investors on its Form D filed Jan 18, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Cape Resources, LLC based?

Cape Resources, LLC is based in St. Simons Island, Georgia.

When did Cape Resources, LLC launch?

Cape Resources, LLC reports its first sale in Dec 2018.

Size compared with every real estate fund

Raised more than 76% of the 490 real estate funds based in Georgia, and more than 65% of all 7,311 that report sales.

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