AltMountain

Fishers 116th Prop 1 LLC

Indianapolis, IN · CIK 1990613
Status: no Form D since Aug 2023. 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.

Fishers 116th Prop 1 LLC is a real estate fund based in Indianapolis, Indiana. According to its most recent Form D, filed Aug 18, 2023, it has sold $2,820,000 of interests to 26 investors since its first sale in Aug 2023. 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 Isaac Bamgbose.

Total raised
$2,820,000Cumulative sales reported on Form D
Investors
26
First sale
Aug 3, 2023
Minimum investment
$15,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Isaac Bamgbose
Latest Form D
Aug 18, 2023

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 Fishers 116th Prop 1 LLC

What is the minimum investment for Fishers 116th Prop 1 LLC?

According to its latest Form D, filed Aug 18, 2023, the minimum investment Fishers 116th Prop 1 LLC accepts from an outside investor is $15,000.

Who can invest in Fishers 116th Prop 1 LLC?

Fishers 116th Prop 1 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 Fishers 116th Prop 1 LLC raised?

Fishers 116th Prop 1 LLC reports $2,820,000 sold from 26 investors on its Form D filed Aug 18, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Fishers 116th Prop 1 LLC based?

Fishers 116th Prop 1 LLC is based in Indianapolis, Indiana.

When did Fishers 116th Prop 1 LLC launch?

Fishers 116th Prop 1 LLC reports its first sale in Aug 2023.

Size compared with every real estate fund

Raised more than 58% of the 156 real estate funds based in Indiana, and more than 53% of all 7,349 that report sales.

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