AltMountain

SRC Grants Mill Land, LLC

Birmingham, AL · CIK 1970525
Status: no Form D since Mar 2023. 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.

SRC Grants Mill Land, LLC is a real estate fund based in Birmingham, Alabama. According to its most recent Form D, filed Mar 22, 2023, it has sold $5,000,000 of interests to 8 investors since its first sale in Mar 2023. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jeff Harris; Benny LaRussa, Jr; Joseph Welden, III.

Total raised
$5,000,000Cumulative sales reported on Form D
Investors
8
First sale
Mar 16, 2023
Minimum investment
$100,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Jeff Harris; Benny LaRussa, Jr; Joseph Welden, III
Latest Form D
Mar 22, 2023

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 SRC Grants Mill Land, LLC

What is the minimum investment for SRC Grants Mill Land, LLC?

According to its latest Form D, filed Mar 22, 2023, the minimum investment SRC Grants Mill Land, LLC accepts from an outside investor is $100,000.

Who can invest in SRC Grants Mill Land, LLC?

SRC Grants Mill Land, 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 SRC Grants Mill Land, LLC raised?

SRC Grants Mill Land, LLC reports $5,000,000 sold from 8 investors on its Form D filed Mar 22, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is SRC Grants Mill Land, LLC based?

SRC Grants Mill Land, LLC is based in Birmingham, Alabama.

When did SRC Grants Mill Land, LLC launch?

SRC Grants Mill Land, LLC reports its first sale in Mar 2023.

Size compared with every real estate fund

Raised more than 63% of the 90 real estate funds based in Alabama, and more than 65% of all 7,316 that report sales.

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