AltMountain

Echols Mill Investors, LLC

Status: no Form D since Dec 2018. 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.

Echols Mill Investors, LLC is a real estate fund based in Hartwell, Georgia. According to its most recent Form D, filed Dec 18, 2018, it has sold $9,339,000 of interests to 68 investors since its first sale in Dec 2018. The minimum investment it accepts from an outside investor is $15,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Michael Phillips; Bear Creek Land Management, LLC; L. Phillips.

Total raised
$9,339,000Cumulative sales reported on Form D
Investors
68
First sale
Dec 17, 2018
Minimum investment
$15,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Michael Phillips; Bear Creek Land Management, LLC; L. Phillips
Latest Form D
Dec 18, 2018

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 Echols Mill Investors, LLC

What is the minimum investment for Echols Mill Investors, LLC?

According to its latest Form D, filed Dec 18, 2018, the minimum investment Echols Mill Investors, LLC accepts from an outside investor is $15,000.

Who can invest in Echols Mill Investors, LLC?

Echols Mill Investors, 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 Echols Mill Investors, LLC raised?

Echols Mill Investors, LLC reports $9,339,000 sold from 68 investors on its Form D filed Dec 18, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is Echols Mill Investors, LLC based?

Echols Mill Investors, LLC is based in Hartwell, Georgia.

When did Echols Mill Investors, LLC launch?

Echols Mill Investors, LLC reports its first sale in Dec 2018.

Size compared with every real estate fund

Raised more than 82% of the 494 real estate funds based in Georgia, and more than 77% of all 7,350 that report sales.

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