0001745803-26-000003.txt : 20260625
0001745803-26-000003.hdr.sgml : 20260625
20260625160333
ACCESSION NUMBER: 0001745803-26-000003
CONFORMED SUBMISSION TYPE: D
PUBLIC DOCUMENT COUNT: 1
ITEM INFORMATION: Rule 504(b)(1) (not (i), (ii) or (iii))
ITEM INFORMATION: Rule 506(b) provides a "safer harbor" for a private offering
ITEM INFORMATION: Section 4(A)(5) exempts sales of securities to accredited investors when the total offering is less than $5,000,000
FILED AS OF DATE: 20260625
DATE AS OF CHANGE: 20260625
EFFECTIVENESS DATE: 20260625
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Sprout Properties III, LP
CENTRAL INDEX KEY: 0001745803
ORGANIZATION NAME:
EIN: 824789236
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: D
SEC ACT: 1933 Act
SEC FILE NUMBER: 021-588651
FILM NUMBER: 261121856
BUSINESS ADDRESS:
STREET 1: 1920 MCKINNEY AVE
STREET 2: 7TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
BUSINESS PHONE: 5165812879
MAIL ADDRESS:
STREET 1: 1920 MCKINNEY AVE
STREET 2: 7TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
D
1
primary_doc.xml
X0708
D
LIVE
0001745803
Sprout Properties III, LP
7700 WINDROSE AVE., 3RD FLOOR
Attn: Rentready Homes/Provision Cap.
DALLAS
TX
TEXAS
75201
(817) 799-8917
TEXAS
None
None
Limited Partnership
true
Abdullah
Ahmad
7700 Windrose Ave., 3rd Floor
Attn: A.Ahmad (at Provision/Rentready)
Plano
TX
TEXAS
75024
Executive Officer
Promoter
CEO and owner of General Partner entity (Rentready Homes LLC)
N/A
Rentready Homes LLC
7700 Windrose Ave., 3rd Floor
Attn: M.Usmani (at Provision/Rentready)
Plano
TX
TEXAS
75024
Executive Officer
Promoter
This is the actual General Partner entity (its owner/CEO/managing-member is shown in the previous Related Person entry)
N/A
Provision Capital LLC
7700 Windrose Ave., 3rd Floor
Attn: M.Usmani (at Provision/Rentready)
Plano
TX
TEXAS
75024
Promoter
Also owned and managed by Abdullah Ahmad. Abdullah Ahmad acted through Rentready Homes LLC and Provision Capital LLC in founding/organizing Sprout Properties III.
Mahmood
Usmani
7700 Windrose Ave., 3rd Floor
Attn: M.Usmani (at Provision/Rentready)
Plano
TX
TEXAS
75024
Executive Officer
Chief Operating Officer at Rentready Homes and Provision Capital
Residential
Decline to Disclose
- 04
- 06b
- 4a5
false
2026-05-22
false
true
Limited Partner Interests (essentially, a more specific form of equity)
false
5000
10000000
200000
9800000
Above is just for Sprout Properties II, LP's current offering. Does not include the current offering of related/similar limited partnership, Sprout Properties II, L.P. (whose general partner is also Rentready Homes LLC).
true
1
1
0
0
No sales commissions/finder fees.
0
General Partner's only compensation with respect to the limited partnership (issuer) is essentially a percentage of profits actually generated by the limited partnership.
false
Sprout Properties III, LP
Obair Qudsi
Obair Qudsi (Attorney at Bajaria & Forgerson Law Group)
Attorney
2026-06-25