West Ashley 40, LLC
West Ashley 40, LLC is a real estate fund based in Mt Pleasant, South Carolina. According to its most recent Form D, filed Mar 22, 2023, it has sold $3,110,000 of interests to 40 investors. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jonathan Wells.
- Total raised
- $3,110,000Cumulative sales reported on Form D
- Investors
- 40
- First sale
- —
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jonathan Wells
- 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 West Ashley 40, LLC
What is the minimum investment for West Ashley 40, LLC?
According to its latest Form D, filed Mar 22, 2023, the minimum investment West Ashley 40, LLC accepts from an outside investor is $50,000.
Who can invest in West Ashley 40, LLC?
West Ashley 40, 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 West Ashley 40, LLC raised?
West Ashley 40, LLC reports $3,110,000 sold from 40 investors on its Form D filed Mar 22, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is West Ashley 40, LLC based?
West Ashley 40, LLC is based in Mt Pleasant, South Carolina.
Size compared with every real estate fund
Raised more than 58% of the 120 real estate funds based in South Carolina, and more than 55% of all 7,321 that report sales.