AltMountain

Sierra Condos, LLC

Arlington, TX · CIK 1894661
Status: no Form D since Nov 2021. 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.

Sierra Condos, LLC is a real estate fund based in Arlington, Texas. According to its most recent Form D, filed Nov 30, 2021, it has sold $2,690,000 of interests to 30 investors since its first sale in Oct 2021. The minimum investment it accepts from an outside investor is $20,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Marcus Long; Jonathan Nichols; Andre Evans.

Total raised
$2,690,000Cumulative sales reported on Form D
Investors
30
First sale
Oct 27, 2021
Minimum investment
$20,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Marcus Long; Jonathan Nichols; Andre Evans
Latest Form D
Nov 30, 2021

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 Sierra Condos, LLC

What is the minimum investment for Sierra Condos, LLC?

According to its latest Form D, filed Nov 30, 2021, the minimum investment Sierra Condos, LLC accepts from an outside investor is $20,000.

Who can invest in Sierra Condos, LLC?

Sierra Condos, 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 Sierra Condos, LLC raised?

Sierra Condos, LLC reports $2,690,000 sold from 30 investors on its Form D filed Nov 30, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Sierra Condos, LLC based?

Sierra Condos, LLC is based in Arlington, Texas.

When did Sierra Condos, LLC launch?

Sierra Condos, LLC reports its first sale in Oct 2021.

Size compared with every real estate fund

Raised more than 65% of the 1,412 real estate funds based in Texas, and more than 52% of all 7,316 that report sales.

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