Summerville Flats, LLC
Summerville Flats, LLC is a real estate fund based in St. Cloud, Minnesota. According to its most recent Form D, filed Oct 12, 2023, it has sold $8,600,000 of interests to 8 investors since its first sale in Sep 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 Scott O'Brien; Roger Fink; Jeffrey Drown.
- Total raised
- $8,600,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Sep 29, 2023
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Scott O'Brien; Roger Fink; Jeffrey Drown
- Latest Form D
- Oct 12, 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 Summerville Flats, LLC
What is the minimum investment for Summerville Flats, LLC?
According to its latest Form D, filed Oct 12, 2023, the minimum investment Summerville Flats, LLC accepts from an outside investor is $100,000.
Who can invest in Summerville Flats, LLC?
Summerville Flats, 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 Summerville Flats, LLC raised?
Summerville Flats, LLC reports $8,600,000 sold from 8 investors on its Form D filed Oct 12, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Summerville Flats, LLC based?
Summerville Flats, LLC is based in St. Cloud, Minnesota.
When did Summerville Flats, LLC launch?
Summerville Flats, LLC reports its first sale in Sep 2023.
Size compared with every real estate fund
Raised more than 87% of the 195 real estate funds based in Minnesota, and more than 76% of all 7,351 that report sales.