Sprout Properties III, LP is a real estate fund based in Dallas, Texas. According to its most recent Form D, filed Jun 25, 2026, it has sold $200,000 of interests to 1 investor since its first sale in May 2026. The minimum investment it accepts from an outside investor is $5,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Rentready Homes LLC; Provision Capital LLC; Abdullah Ahmad.
- Total raised
- $200,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- May 22, 2026
- Minimum investment
- $5,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Rentready Homes LLC; Provision Capital LLC; Abdullah Ahmad
- Latest Form D
- Jun 25, 2026
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 Sprout Properties III, LP
What is the minimum investment for Sprout Properties III, LP?
According to its latest Form D, filed Jun 25, 2026, the minimum investment Sprout Properties III, LP accepts from an outside investor is $5,000.
Who can invest in Sprout Properties III, LP?
Sprout Properties III, LP 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 Sprout Properties III, LP raised?
Sprout Properties III, LP reports $200,000 sold from 1 investor on its Form D filed Jun 25, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Sprout Properties III, LP based?
Sprout Properties III, LP is based in Dallas, Texas.
When did Sprout Properties III, LP launch?
Sprout Properties III, LP reports its first sale in May 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 37% of the 1,414 real estate funds based in Texas, and more than 17% of all 7,321 that report sales.