AltMountain

Zelus 3040, LLC

Chandler, AZ · CIK 1727585
506(c)
Status: no Form D since May 2020. 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.

Zelus 3040, LLC is a real estate fund based in Chandler, Arizona. According to its most recent Form D, filed May 1, 2020, it has sold $3,800,000 of interests to 37 investors since its first sale in Nov 2017. The minimum investment it accepts from an outside investor is $1. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include James Small.

Total raised
$3,800,000Cumulative sales reported on Form D
Investors
37
First sale
Nov 20, 2017
Minimum investment
$1
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
James Small
Latest Form D
May 1, 2020

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 Zelus 3040, LLC

What is the minimum investment for Zelus 3040, LLC?

According to its latest Form D, filed May 1, 2020, the minimum investment Zelus 3040, LLC accepts from an outside investor is $1.

Who can invest in Zelus 3040, LLC?

Zelus 3040, 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 Zelus 3040, LLC raised?

Zelus 3040, LLC reports $3,800,000 sold from 37 investors on its Form D filed May 1, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Zelus 3040, LLC based?

Zelus 3040, LLC is based in Chandler, Arizona.

When did Zelus 3040, LLC launch?

Zelus 3040, LLC reports its first sale in Nov 2017.

Size compared with every real estate fund

Raised more than 68% of the 346 real estate funds based in Arizona, and more than 60% of all 7,349 that report sales.

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