-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 UklHzQoTAwTpVoU3vFSc+doeauwSfvjXc5g3vIz+PKnBtDVtb6sjjdIGZ83uv4Y0
 PMoA3Mu0LhJbW6222lz11A==

<SEC-DOCUMENT>0001062993-10-000295.txt : 20100201
<SEC-HEADER>0001062993-10-000295.hdr.sgml : 20100201
<ACCEPTANCE-DATETIME>20100201125904
ACCESSION NUMBER:		0001062993-10-000295
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20100201
DATE AS OF CHANGE:		20100201
EFFECTIVENESS DATE:		20100201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Oakshire Properties Fund V, LLC
		CENTRAL INDEX KEY:			0001480927
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-138321
		FILM NUMBER:		10562691

	BUSINESS ADDRESS:	
		STREET 1:		402 E. YAKIMA AVE., 15TH FLOOR
		CITY:			YAKIMA
		STATE:			WA
		ZIP:			98901
		BUSINESS PHONE:		509-965-4240

	MAIL ADDRESS:	
		STREET 1:		402 E. YAKIMA AVE., 15TH FLOOR
		CITY:			YAKIMA
		STATE:			WA
		ZIP:			98901
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001480927</cik>
        <entityName>Oakshire Properties Fund V, LLC</entityName>
        <issuerAddress>
            <street1>402 E. YAKIMA AVE., 15TH FLOOR</street1>
            <city>YAKIMA</city>
            <stateOrCountry>WA</stateOrCountry>
            <zipCode>98901</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>509-965-4240</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Limited Liability Company</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2009</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Russell</firstName>
                <middleName>L</middleName>
                <lastName>Wilkinson</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>402 E. Yakima Ave., 15th floor</street1>
                <city>Yakima</city>
                <stateOrCountry>WA</stateOrCountry>
                <zipCode>98901</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Chairman of Manager and majority owner</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other Real Estate</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>$1,000,001 - $5,000,000</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2010-01-15</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>50000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>2190000</totalOfferingAmount>
            <totalAmountSold>50000</totalAmountSold>
            <totalRemaining>2140000</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>1</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse>None</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse>None</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Oakshire Properties Fund V, LLC</issuerName>
                <signatureName>/s/ Russell L. Wilkinson</signatureName>
                <nameOfSigner>Russell L. Wilkinson</nameOfSigner>
                <signatureTitle>Chairman of Wilkinson Corporation, manager</signatureTitle>
                <signatureDate>2010-01-28</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----