AltMountain

Sprovy 7 Applegate TX 1, LLC

Round Rock, TX · CIK 1607593
Status: no Form D since May 2014. 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.

Sprovy 7 Applegate TX 1, LLC is a real estate fund based in Round Rock, Texas. According to its most recent Form D, filed May 8, 2014, it has sold $350,000 of interests to 6 investors since its first sale in Apr 2014. The minimum investment it accepts from an outside investor is $1. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Ruben Cortez.

Total raised
$350,000Cumulative sales reported on Form D
Investors
6
First sale
Apr 25, 2014
Minimum investment
$1
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Ruben Cortez
Latest Form D
May 8, 2014

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 Sprovy 7 Applegate TX 1, LLC

What is the minimum investment for Sprovy 7 Applegate TX 1, LLC?

According to its latest Form D, filed May 8, 2014, the minimum investment Sprovy 7 Applegate TX 1, LLC accepts from an outside investor is $1.

Who can invest in Sprovy 7 Applegate TX 1, LLC?

Sprovy 7 Applegate TX 1, 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 Sprovy 7 Applegate TX 1, LLC raised?

Sprovy 7 Applegate TX 1, LLC reports $350,000 sold from 6 investors on its Form D filed May 8, 2014. This is cumulative sales since the offering began, not current assets or performance.

Where is Sprovy 7 Applegate TX 1, LLC based?

Sprovy 7 Applegate TX 1, LLC is based in Round Rock, Texas.

When did Sprovy 7 Applegate TX 1, LLC launch?

Sprovy 7 Applegate TX 1, LLC reports its first sale in Apr 2014.

Size compared with every real estate fund

Raised more than 41% of the 1,419 real estate funds based in Texas, and more than 21% of all 7,350 that report sales.

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