Coveside Apartments, LLC is a real estate fund based in Charleston, South Carolina. According to its most recent Form D, filed May 9, 2025, it has sold $16,316,703 of interests to 75 investors since its first sale in Apr 2025. The minimum investment it accepts from an outside investor is $10,000. 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 William Block; Michael Hertnett; Richard Ammons.
- Total raised
- $16,316,703Cumulative sales reported on Form D
- Investors
- 75
- First sale
- Apr 25, 2025
- Minimum investment
- $10,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- William Block; Michael Hertnett; Richard Ammons
- Latest Form D
- May 9, 2025
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 Coveside Apartments, LLC
What is the minimum investment for Coveside Apartments, LLC?
According to its latest Form D, filed May 9, 2025, the minimum investment Coveside Apartments, LLC accepts from an outside investor is $10,000.
Who can invest in Coveside Apartments, LLC?
Coveside Apartments, 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 Coveside Apartments, LLC raised?
Coveside Apartments, LLC reports $16,316,703 sold from 75 investors on its Form D filed May 9, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Coveside Apartments, LLC based?
Coveside Apartments, LLC is based in Charleston, South Carolina.
When did Coveside Apartments, LLC launch?
Coveside Apartments, LLC reports its first sale in Apr 2025, 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 92% of the 120 real estate funds based in South Carolina, and more than 85% of all 7,351 that report sales.