Cedar Rapids Storage, LLC is a real estate fund based in Cedar Rapids, Iowa. According to its most recent Form D, filed May 28, 2021, it has sold $410,000 of interests to 6 investors since its first sale in May 2021. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Dewayne Bailey; Dominick Marre; Scott Rucker.
- Total raised
- $410,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- May 18, 2021
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Dewayne Bailey; Dominick Marre; Scott Rucker
- Latest Form D
- May 28, 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 Cedar Rapids Storage, LLC
What is the minimum investment for Cedar Rapids Storage, LLC?
According to its latest Form D, filed May 28, 2021, the minimum investment Cedar Rapids Storage, LLC accepts from an outside investor is $50,000.
Who can invest in Cedar Rapids Storage, LLC?
Cedar Rapids Storage, 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 Cedar Rapids Storage, LLC raised?
Cedar Rapids Storage, LLC reports $410,000 sold from 6 investors on its Form D filed May 28, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Cedar Rapids Storage, LLC based?
Cedar Rapids Storage, LLC is based in Cedar Rapids, Iowa.
When did Cedar Rapids Storage, LLC launch?
Cedar Rapids Storage, LLC reports its first sale in May 2021.
Size compared with every real estate fund
Raised more than 63% of the 51 real estate funds based in Iowa, and more than 22% of all 7,337 that report sales.