AltMountain

Storage Units Development Fund I, LLC

Maitand, FL · CIK 1943335
506(c)
Status: no Form D since Aug 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.

Storage Units Development Fund I, LLC is a real estate fund based in Maitand, Florida. According to its most recent Form D, filed Aug 23, 2022, it has sold $1,000,000 of interests to 1 investor since its first sale in Jul 2022. The minimum investment it accepts from an outside investor is $1,000,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Alexander Petsos.

Total raised
$1,000,000Cumulative sales reported on Form D
Investors
1
First sale
Jul 25, 2022
Minimum investment
$1,000,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Alexander Petsos
Latest Form D
Aug 23, 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 Storage Units Development Fund I, LLC

What is the minimum investment for Storage Units Development Fund I, LLC?

According to its latest Form D, filed Aug 23, 2022, the minimum investment Storage Units Development Fund I, LLC accepts from an outside investor is $1,000,000.

Who can invest in Storage Units Development Fund I, LLC?

Storage Units Development Fund I, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has Storage Units Development Fund I, LLC raised?

Storage Units Development Fund I, LLC reports $1,000,000 sold from 1 investor on its Form D filed Aug 23, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Storage Units Development Fund I, LLC based?

Storage Units Development Fund I, LLC is based in Maitand, Florida.

When did Storage Units Development Fund I, LLC launch?

Storage Units Development Fund I, LLC reports its first sale in Jul 2022.

Size compared with every real estate fund

Raised more than 42% of the 611 real estate funds based in Florida, and more than 33% of all 7,351 that report sales.

Other funds with the same team

Similar-size real estate funds in Florida

All real estate funds in Florida