AltMountain

Melrose Apartment, LLC

Cedar City, UT · CIK 1940091
506(c)
Status: no Form D since Jul 2022. 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.

Melrose Apartment, LLC is a real estate fund based in Cedar City, Utah. According to its most recent Form D, filed Jul 27, 2022, it has sold $3,965,000 of interests to 32 investors since its first sale in Jul 2022. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Jonathan Lau; Lavatube Capital, LLC; Elisa Zhang.

Total raised
$3,965,000Cumulative sales reported on Form D
Investors
32
First sale
Jul 14, 2022
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Jonathan Lau; Lavatube Capital, LLC; Elisa Zhang
Latest Form D
Jul 27, 2022

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 Melrose Apartment, LLC

What is the minimum investment for Melrose Apartment, LLC?

According to its latest Form D, filed Jul 27, 2022, the minimum investment Melrose Apartment, LLC accepts from an outside investor is $25,000.

Who can invest in Melrose Apartment, LLC?

Melrose Apartment, 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 Melrose Apartment, LLC raised?

Melrose Apartment, LLC reports $3,965,000 sold from 32 investors on its Form D filed Jul 27, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Melrose Apartment, LLC based?

Melrose Apartment, LLC is based in Cedar City, Utah.

When did Melrose Apartment, LLC launch?

Melrose Apartment, LLC reports its first sale in Jul 2022.

Size compared with every real estate fund

Raised more than 68% of the 228 real estate funds based in Utah, and more than 60% of all 7,321 that report sales.

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