AltMountain

Marion Beavers Self Storage, LLC

Sharpsburg, GA · CIK 1836502
Status: no Form D since Dec 2020. 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.

Marion Beavers Self Storage, LLC is a real estate fund based in Sharpsburg, Georgia. According to its most recent Form D, filed Dec 17, 2020, it has sold $2,900,000 of interests to 25 investors since its first sale in Dec 2020. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Scott Lewis; Lindsay Lewis; Benjamin Lapidus.

Total raised
$2,900,000Cumulative sales reported on Form D
Investors
25
First sale
Dec 4, 2020
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Scott Lewis; Lindsay Lewis; Benjamin Lapidus
Latest Form D
Dec 17, 2020

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 Marion Beavers Self Storage, LLC

What is the minimum investment for Marion Beavers Self Storage, LLC?

According to its latest Form D, filed Dec 17, 2020, the minimum investment Marion Beavers Self Storage, LLC accepts from an outside investor is $50,000.

Who can invest in Marion Beavers Self Storage, LLC?

Marion Beavers Self Storage, 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 Marion Beavers Self Storage, LLC raised?

Marion Beavers Self Storage, LLC reports $2,900,000 sold from 25 investors on its Form D filed Dec 17, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Marion Beavers Self Storage, LLC based?

Marion Beavers Self Storage, LLC is based in Sharpsburg, Georgia.

When did Marion Beavers Self Storage, LLC launch?

Marion Beavers Self Storage, LLC reports its first sale in Dec 2020.

Size compared with every real estate fund

Raised more than 71% of the 494 real estate funds based in Georgia, and more than 53% of all 7,351 that report sales.

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