Acretrader 242, LLC (CIK 0001975422) — EDGAR Entity Profile

AltStreetEDGAR DatabaseAcreTraderAcretrader 242, LLC
EDGAR Verified
Primary Source · SEC.gov
Acretrader 242, LLCCIK 0001975422Single-Deal SPV2023 vintage506(c)
AcreTraderFull Review
Raised
$3M
Investors
93
Min Invest
$15,000
AltStreet Analysis
·Generated from EDGAR primary sources
Acretrader 242, LLC is a single-property farmland SPV filed by Stephen Malloy and Mary Alexander that raised $3.5M from 93 investors under Rule 506(c). The offering required a $15K minimum investment and is part of the AcreTrader platform, which operates 138+ related EDGAR entities for fractional farmland ownership.
This offering follows AcreTrader's standard farmland syndication model with a $15K minimum investment tier, typical for retail-accessible agricultural real estate. The 506(c) exemption allows general solicitation to accredited investors, consistent with the platform's online marketplace approach to fractional farmland ownership.
Data Flags
sales_commissionsNo sales commissions reported on a $3.5M 506(c) offering with 93 investors, unusual for a publicly solicited deal
investor_count93 investors averaging ~$37.6K per investor suggests highly fractional retail structure with numerous minimum-level investments
first_sale_dateFirst sale date not disclosed on a filing reporting $3.5M already sold, limiting vintage and sales velocity analysis
EDGAR Filing Data
Form D — Primary Source
View on SEC.gov 
CIK Number0001975422
Entity NameAcretrader 242, LLC
Exemption506(c)
First Sale Date—
Filing DateSeptember 13, 2023
Accession Number0001975422-23-000001
Total Amount Sold$3M
Total Investors93
Minimum Investment$15,000
Securities TypeEquity
State of IncorporationNot specified
Amendment CountOriginal filing only
Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
STEPHEN MALLOY
Executive Officer · FAYETTEVILLE, AR
MARY ALEXANDER
Executive Officer · FAYETTEVILLE, AR
Is this your offering?
Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.
Claim Profile — FreeGet Verified — $2,400/yr
Parent Platform
AcreTrader
Farmland · Est. 2018
Min invest$15,000
EligibilityAccredited Only
Liquidity—
AuditNone
Read Full Analyst Review
Related Entities
Acretrader 228, LLC
2023 · Single-Deal
$7MAcretrader 184, LLC
2022 · Single-Deal
$7MAcretrader 192, LLC
2022 · Single-Deal
$7MAcretrader 243, LLC
2024 · Single-Deal
$6MAcretrader 203, LLC
2022 · Single-Deal
$5MAcretrader 172, LLP
2022 · Single-Deal
$5MAcretrader 147, LLC
2021 · Single-Deal
$5MAcretrader 198, LLC
2022 · Single-Deal
$5M
EDGAR Links
All FilingsEDGAR Full Text SearchSEC Submissions API
AltStreet Pro
Full forensic analysis available
The AcreTrader review includes PPM forensics, fee waterfall analysis, and IRR verification against this EDGAR data.
Subscribe — $399/year 
Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. AltStreet analysis (summaries, flags, category context) is generated by Claude from this primary source data and reviewed for accuracy. Platform-provided information (if present) is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. EDGAR data is verified read-only — platforms may request factual corrections for demonstrable inaccuracies by contacting research@altstreet.investments. This page does not constitute investment advice.