AltMountain

DES AAA Storage Development Fund, LLC

Austin, TX · CIK 2016699
506(c)
Status: no Form D since Mar 2024. 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.

DES AAA Storage Development Fund, LLC is a real estate fund based in Austin, Texas. According to its most recent Form D, filed Mar 22, 2024, it has sold $200,000 of interests to 2 investors since its first sale in Mar 2024. 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 Stephen Lawrence.

Total raised
$200,000Cumulative sales reported on Form D
Investors
2
First sale
Mar 13, 2024
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
Stephen Lawrence
Latest Form D
Mar 22, 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 DES AAA Storage Development Fund, LLC

What is the minimum investment for DES AAA Storage Development Fund, LLC?

According to its latest Form D, filed Mar 22, 2024, the minimum investment DES AAA Storage Development Fund, LLC accepts from an outside investor is $50,000.

Who can invest in DES AAA Storage Development Fund, LLC?

DES AAA Storage Development Fund, 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 DES AAA Storage Development Fund, LLC raised?

DES AAA Storage Development Fund, LLC reports $200,000 sold from 2 investors on its Form D filed Mar 22, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is DES AAA Storage Development Fund, LLC based?

DES AAA Storage Development Fund, LLC is based in Austin, Texas.

When did DES AAA Storage Development Fund, LLC launch?

DES AAA Storage Development Fund, LLC reports its first sale in Mar 2024.

Size compared with every real estate fund

Raised more than 37% of the 1,421 real estate funds based in Texas, and more than 17% of all 7,337 that report sales.

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