AltMountain

Elko Mounds, LLC

St. Simons Island, GA · CIK 1729707
Status: no Form D since Jan 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.

Elko Mounds, LLC is a real estate fund based in St. Simons Island, Georgia. According to its most recent Form D, filed Jan 31, 2018, it has sold $5,271,028 of interests to 54 investors since its first sale in Nov 2017. 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
$5,271,028Cumulative sales reported on Form D
Investors
54
First sale
Nov 17, 2017
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 31, 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 Elko Mounds, LLC

What is the minimum investment for Elko Mounds, LLC?

According to its latest Form D, filed Jan 31, 2018, the minimum investment Elko Mounds, LLC accepts from an outside investor is $25,000.

Who can invest in Elko Mounds, LLC?

Elko Mounds, 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 Elko Mounds, LLC raised?

Elko Mounds, LLC reports $5,271,028 sold from 54 investors on its Form D filed Jan 31, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is Elko Mounds, LLC based?

Elko Mounds, LLC is based in St. Simons Island, Georgia.

When did Elko Mounds, LLC launch?

Elko Mounds, LLC reports its first sale in Nov 2017.

Size compared with every real estate fund

Raised more than 77% of the 494 real estate funds based in Georgia, and more than 67% of all 7,350 that report sales.

Similar-size real estate funds in Georgia

All real estate funds in Georgia