AltMountain

S Broad Apts, LLC

Lancaster, PA · CIK 1930874
Status: no Form D since May 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.

S Broad Apts, LLC is a real estate fund based in Lancaster, Pennsylvania. According to its most recent Form D, filed May 24, 2022, it has sold $1,195,000 of interests to 17 investors since its first sale in May 2022. 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 Eli Riehl; Michael Manthei.

Total raised
$1,195,000Cumulative sales reported on Form D
Investors
17
First sale
May 6, 2022
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Eli Riehl; Michael Manthei
Latest Form D
May 24, 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 S Broad Apts, LLC

What is the minimum investment for S Broad Apts, LLC?

According to its latest Form D, filed May 24, 2022, the minimum investment S Broad Apts, LLC accepts from an outside investor is $50,000.

Who can invest in S Broad Apts, LLC?

S Broad Apts, 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 S Broad Apts, LLC raised?

S Broad Apts, LLC reports $1,195,000 sold from 17 investors on its Form D filed May 24, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is S Broad Apts, LLC based?

S Broad Apts, LLC is based in Lancaster, Pennsylvania.

When did S Broad Apts, LLC launch?

S Broad Apts, LLC reports its first sale in May 2022.

Size compared with every real estate fund

Raised more than 43% of the 191 real estate funds based in Pennsylvania, and more than 36% of all 7,349 that report sales.

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