AltMountain

West Ashley 40, LLC

Mt Pleasant, SC · CIK 1969953
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.

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.

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