AltMountain

Sunburst Properties, LLC

Huntsville, AL · CIK 1739046
Status: no Form D since May 2018. 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.

Sunburst Properties, LLC is a real estate fund based in Huntsville, Alabama. According to its most recent Form D, filed May 22, 2018, it has sold $4,200,000 of interests since its first sale in May 2018. The minimum investment it accepts from an outside investor is $210,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include William Stroud; Gerry Shannon.

Total raised
$4,200,000Cumulative sales reported on Form D
Investors
0
First sale
May 8, 2018
Minimum investment
$210,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
William Stroud; Gerry Shannon
Latest Form D
May 22, 2018

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 Sunburst Properties, LLC

What is the minimum investment for Sunburst Properties, LLC?

According to its latest Form D, filed May 22, 2018, the minimum investment Sunburst Properties, LLC accepts from an outside investor is $210,000.

Who can invest in Sunburst Properties, LLC?

Sunburst Properties, 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 Sunburst Properties, LLC raised?

Sunburst Properties, LLC reports $4,200,000 sold on its Form D filed May 22, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is Sunburst Properties, LLC based?

Sunburst Properties, LLC is based in Huntsville, Alabama.

When did Sunburst Properties, LLC launch?

Sunburst Properties, LLC reports its first sale in May 2018.

Size compared with every real estate fund

Raised more than 56% of the 91 real estate funds based in Alabama, and more than 62% of all 7,350 that report sales.

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