# EDGAR Filing Document

**Accession Number:** 0002056297
**File Stem:** 0001096906-25-001219
**Filing Date:** 2025-8
**Character Count:** 168763
**Document Hash:** 84021fdbe33f07ddfcc952ba5811c738
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001096906-25-001219.hdr.sgml**: 20250801

**ACCESSION NUMBER**: 0001096906-25-001219

**CONFORMED SUBMISSION TYPE**: 1-A/A

**PUBLIC DOCUMENT COUNT**: 4

**FILED AS OF DATE**: 20250801

**DATE AS OF CHANGE**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Stable Towers LLC
- **CENTRAL INDEX KEY:** 0002056297
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE [6500]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 000000000
- **STATE OF INCORPORATION:** ID
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 1-A/A
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 024-12623
- **FILM NUMBER:** 251173408

**BUSINESS ADDRESS:**
- **STREET 1:** 14053 WEST TYHEE ROAD
- **CITY:** POCATELLO
- **STATE:** ID
- **ZIP:** 83202
- **BUSINESS PHONE:** (208) 339-2081

**MAIL ADDRESS:**
- **STREET 1:** 14053 WEST TYHEE ROAD
- **CITY:** POCATELLO
- **STATE:** ID
- **ZIP:** 83202

## Part

PART II AND III

**An offering statement pursuant to Regulation A relating to these securities has been filed with the Securities and Exchange Commission. Information contained in this Preliminary Offering Circular is subject to completion or amendment. These securities may not be sold nor may offers to buy be accepted before the offering statement filed with the Commission is qualified. This Preliminary Offering Circular shall not constitute an offer to sell or the solicitation of an offer to buy nor may there be any sales of these securities in any state in which such offer, solicitation or sale would be unlawful before registration or qualification under the laws of any such state. We may elect to satisfy our obligation to deliver a Final Offering Circular by sending you a notice within two business days after the completion of our sale to you that contains the URL where the Final Offering Circular or the offering statement in which such Final Offering Circular was filed may be obtained.**

**Preliminary Offering Circular**

**July 18, 2025**

![Picture 1](stbl1aa_1.jpg)

**STABLE TOWERS LLC**

**14053 WEST TYHEE ROAD**

**POCATELLO, IDAHO 83202**

**(208) 339-2081**

**admin@stabletowers.com**

**UP TO 100,000 IN SHARES OF PREFERRED UNITS**

This is the initial offering to members of the public of securities of Stable Towers LLC, an Idaho limited liability company. We are offering 100,000 Preferred Units ("Preferred Units") at an offering price of $100 per share (the "Offered Shares"). This offering will terminate on [ ] 2026, subject to extension for up to 180 days (the "Termination Date"). There will be no escrow of funds. Proceeds from the sale of the shares offered may be used by the Company upon receipt.

The minimum purchase requirement per investor is $100.00 Offered Shares based on the current price per share of Preferred Units; however, we can waive the minimum purchase requirement on a case-by-case basis in our sole discretion. We expect to commence the sale of the Offered Shares as of the date on which the offering statement of which this Offering Circular is a part (the "Offering Statement") is qualified by the United States Securities and Exchange Commission (the "SEC").

Prior to this offering, there has been no public market for our Preferred Units.

**Investing in our Preferred Units involves a high degree of risk. See "Risk Factors" beginning on page 5 for a discussion of certain risks that you should consider in connection with an investment in our Preferred Units.**

**For further details regarding the Preferred Units, please see "Description of the Preferred Units Being Offered" beginning on page 6 of this Offering Circular**

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1) We estimate that our total offering expenses, including underwriting discount and commissions, will be approximately $20,000 regardless of whether the minimum or maximum offering amount is sold. For more details, please see the section of this Offering Circular captioned "Plan of Distribution."

**THE U.S. SECURITIES AND EXCHANGE COMMISSION DOES NOT PASS UPON THE MERITS OF OR GIVE ITS APPROVAL TO ANY SECURITIES OFFERED OR THE TERMS OF THE OFFERING, NOR DOES IT PASS UPON THE ACCURACY OR COMPLETENESS OF ANY OFFERING CIRCULAR OR OTHER SOLICITATION MATERIALS. THESE SECURITIES ARE OFFERED PURSUANT TO AN EXEMPTION FROM REGISTRATION WITH THE COMMISSION; HOWEVER, THE COMMISSION HAS NOT MADE AN INDEPENDENT DETERMINATION THAT THE SECURITIES OFFERED ARE EXEMPT FROM REGISTRATION.**

This Offering Circular is following the Offering Circular disclosure format of Part II of Form 1-A.

The date of this Offering Circular is July 18, 2025

**IMPORTANT INFORMATION ABOUT THIS OFFERING CIRCULAR**

Please carefully read the information in this Offering Circular and any accompanying Offering Circular supplements. You should rely only on the information contained in this Offering Circular. We have not authorized anyone to provide you with different information. This Offering Circular may only be used where it is legal to sell these securities. You should not assume that the information contained in this Offering Circular is accurate as of any date later than the date hereof or such other dates as are stated herein or as of the respective dates of any documents or other information incorporated herein by reference.

This Offering Circular is part of an Offering Statement that we filed with the SEC, using a continuous offering process. Periodically, as we make material developments, we will provide an Offering Circular supplement that may add, update or change information contained in this offering circular. Any statement that we make in this Offering Circular will be modified or superseded by any inconsistent statement made by us in a subsequent Offering Circular supplement. The Offering Statement we filed with the SEC includes exhibits that provide more detailed descriptions of the matters discussed in this offering circular. You should read this Offering Circular, and the related exhibits filed with the SEC and any Offering Circular supplement, together with additional information contained in our annual reports, semi-annual reports and other reports and information statements that we will file periodically with the SEC.

The offering statement and all supplements and reports that we have filed or will file in the future can be read at the SEC website, *www.sec.gov.* 

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**TABLE OF CONTENTS**

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| | |
|:---|:---|
|  | Page |
| [Cautionary Statement Regarding Forward-Looking Statements](#CSR) | 2 |
| [Summary](#SUM) | 3 |
| [The Offering](#OFF) | 5 |
| [Risk Factors](#rf) | 6 |
| [Dilution](#dil) | 13 |
| [Plan Of Distribution](#pd) | 13 |
| [Use Of Proceeds](#up) | 15 |
| [Description of Business](#db) | 16 |
| [Intellectual Property](#ip) | 18 |
| [Description of Property](#dp) | 18 |
| [Management's Discussion And Analysis Of Financial Condition](#mda)[And Results Of Operations](#mda) | 19 |
| [Directors, Executive Officers and Significant Employees](#deo) | 20 |
| [Legal Proceedings](#lp) | 21 |
| [Compensation of Directors and Executive Officers](#cde) | 22 |
| [Security Ownership of Management and Certain Securityholders](#som) | 22 |
| [Interest of Management and Others in Certain Transactions](#imo) | 23 |
| [Securities Being Offered](#sbo) | 23 |
| [Legal Matters](#lm) | 28 |
| [Experts](#exp) | 28 |
| [Where You Can Find More Information](#wyc) | 28 |
| [Index To Financial statements](#ind) | F-2 |
| [Index to Exhibits](#exh) | 29 |
| [Signatures](#sig) | 30 |

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We are offering to sell, and seeking offers to buy, our securities only in jurisdictions where such offers and sales are permitted. You should rely only on the information contained in this Offering.

Circular. We have not authorized anyone to provide you with any information other than the information contained in this Offering Circular. The information contained in this Offering Circular is accurate only as of its date, regardless of the time of its delivery or of any sale or delivery of our securities. Neither the delivery of this Offering Circular nor any sale or delivery of our securities shall, under any circumstances, imply that there has been no change in our affairs since the date of this Offering Circular. This Offering Circular will be updated and made available for delivery to the extent required by the federal securities laws.

Unless otherwise indicated, data contained in this Offering Circular concerning the real estate industry, and the other markets relevant to our operations are based on information from various public sources. Although we believe that these data are generally reliable, such information is inherently imprecise, and our estimates and expectations based on these data involve a number of assumptions and limitations. As a result, you are cautioned not to give undue weight to such data, estimates or expectations.

In this Offering Circular, unless the context indicates otherwise, references to "we", the "Company", "our" and "us" refer to the activities of and the assets and liabilities of the business and operations of Stable Towers LLC.

We are conducting this offering as a Tier 1 offering pursuant to Regulation A under the Securities Act of 1933, as amended. We are offering up to 100,000 Preferred Units at a price of $100 per Unit, for total gross proceeds of up to $10,000,000. All of the securities are being offered on behalf of the issuer. No securities are being offered by selling security holders.. The requirement of a Tier 1 exemption includes some of the following limitations:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Maximum Offering Amount: Up to $20 million in a 12-month period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Investor Requirements: No specific investor income or net worth restrictions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• State Securities Review: Subject to state-level "blue sky" laws, requiring qualification in each state where the offering is sold.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Ongoing Reporting: Limited; no annual or semi-annual reports required after the offering is completed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Financial Statements: Need not be audited.

**CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS**

Some of the statements under "Summary", "Risk Factors", "Management's Discussion and Analysis of Financial Condition and Results of Operations", "Our Business" and elsewhere in this Offering Circular constitute forward-looking statements. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar matters that are not historical facts. In some cases, you can identify forward-looking statements by terms such as "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "potential", "should", "will" and "would" or the negatives of these terms or other comparable terminology.

In addition, you should refer to the section of this Offering Circular captioned "*Risk Factors*" for a discussion of other important factors that may cause actual results to differ materially from those expressed or implied by the forward-looking statements. Although the forward-looking statements in this Offering Circular are based on our beliefs, assumptions and expectations, taking into account all information currently available to us, we cannot guarantee future transactions, results, performance, achievements or outcomes. Additionally, we cannot assure you that the forward-looking statements in this offering circular will prove to be accurate. If the forward-looking statements prove to be inaccurate, the inaccuracy may be material. No assurance can be made to any investor by

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anyone that the expectations reflected in our forward-looking statements will be attained, or that deviations from them will not be material and adverse. You should not regard these statements as a representation or warranty by us or any other person that we will achieve our objectives and plans in any specified time frame, or at all. We undertake no obligation, other than as maybe be required by law, to re-issue this Offering Circular or otherwise make public statements updating our forward-looking statements.

**SUMMARY**

 

**Business**

Stable Towers, LLC (the "Company"), is a private investment vehicle organized as an Idaho Limited Liability Company focused on achieving an attractive risk-adjusted returns and preserving investor capital by buying and renovating a mix of single-family and multi-family residential properties in business-friendly states and manage these rentals with the Company's inhouse property management team.

**Strategy**

The Manager intends to create Preferred Units and invest in a focused portfolio of a mix of distressed single-family and multi-family real estate assets in several business-friendly states that are in alignment with the Company's ability to operate successfully. The Manager believes there is an opportunity to invest in these properties, stabilize/rehabilitate them, rent them, and exit when advantageous. The Company will focus on these principal strategies:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.Engage in **real estate purchases of a mix of distressed single-family and multi-family** properties at below market valuations in small to medium sized cities, with growing populations, in business friendly states;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.Engage in the renovation of these undervalued **distressed single-family and multi-family real estate assets**, and the rent, manage, and hold such properties;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.Execute investment strategy with the Company's **expert in-house team** for each stage: analysis, acquisition, construction/renovation, rental, management, and maintenance;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.Reinvest cash on cash returns from leasing revenues and exit proceeds into other fund initiatives at Manager's discretion to generate consistent returns for Preferred Holders;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.Refinance properties with bank borrowing when advantageous.

**Company Strengths**

The three-person management team brings a strong track record of successfully purchasing, refurbishing, and leasing residential units, making them highly qualified to lead this venture. With years of hands-on experience, they have developed a deep understanding of the intricacies involved in residential real estate, from identifying undervalued properties to executing value-add refurbishments and optimizing leasing strategies. Their established history demonstrates not only their ability to enhance property values but also to generate consistent cash flows through effective property management. This expertise positions them to navigate market challenges, control operational costs, and maximize returns for investors. Their complementary skill sets in acquisitions, project management, and tenant relations create a well-rounded leadership team capable of driving the company's growth and profitability in this space.

**Prior Real Estate Program Experience**

The founders of Stable Towers LLC, Gerald and Millie McNabb, have been actively engaged in real estate investment and property operations since 2004. Over the past two decades, they have developed, sponsored, or

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operated multiple real estate projects in southeastern Idaho through affiliated entities, including Resolution Services LLC, Suburban Construction LLC, Figure Eight LLC, and family-owned limited liability companies. These projects involved the acquisition, renovation, and leasing of residential and small-scale commercial properties.

Between 2004 and 2024, the McNabbs completed 18 separate property acquisitions. Their real estate experience includes both single-property holdings and multi-unit residential complexes. These prior programs were privately financed and operated, involving only affiliated capital from the McNabb family and their wholly controlled entities. No unaffiliated public investors participated in these prior programs. While not structured as securities offerings, these real estate ventures are representative of the strategy the McNabbs intend to pursue through Stable Towers LLC.

The McNabbs' completed projects have included:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·The acquisition and renovation of a duplex and single-family residence in Pocatello in Idaho in 2004, with post-renovation value increases of approximately 140% and 55% respectively;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·The acquisition and management of a 40-unit mobile home park in Chubbuck, Idaho in 2013, stabilized and sold after 7 years with a realized internal rate of return (IRR) of approximately 115%;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·A multi-family, residential rental portfolio assembled in Twin Falls starting in 2017, producing annual net cash returns in excess of 9%.

In aggregate, the McNabbs have deployed approximately $10.7 million in equity across these historical real estate activities. Of the 18 prior projects, 11 have been exited via sale. These sold assets generated aggregate gross resale proceeds of approximately $8.5 million, with average hold periods of 4 to 7 years and average IRRs on realized projects estimated between 14% and 21%, net of improvement costs. The remainder of the portfolio—valued at approximately $15 million—remains under management.

Their most recent and ongoing project is the redevelopment of a 45,000 square foot mixed-use property located at 491 Caswell Avenue West in Twin Falls, Idaho, acquired through Figure Eight LLC. That project, now contributed to Stable Towers LLC, is being renovated in phases and is expected to include 70 rental units upon completion.

While these prior projects were successful, they were privately held, operated under different legal and financial structures, and are not part of this offering. These past projects do not form a part of Stable Towers LLC, and prospective investors should not assume that the performance of such prior programs will be indicative of the performance of the Company.

**Cautionary Statement Regarding Past Performance**

Past performance is not indicative of future results. The results of prior programs sponsored or managed by the McNabbs were based on market conditions, strategies, and circumstances that may differ materially from those affecting this Offering. No assurances can be made that the Company will achieve results comparable to those experienced in the McNabbs' prior real estate investments. This Offering is subject to substantial risks, including the loss of capital.

**Corporate Information**

Stable Towers LLC is an Idaho limited liability company formed on October 5, 2023. We are headquartered at 14053 West Tyhee Road, Pocatello, Idaho 83202. Telephone No.: (208) 339-2081. Email: geraldjmcnabb@gmail.com. Website: [stabletowers website]

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**THE OFFERING**

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| | |
|:---|:---|
| &nbsp;&nbsp;**Issuer:** | &nbsp;&nbsp;Stable Towers LLC |
| &nbsp;&nbsp;**Securities offered:** | &nbsp;&nbsp;Up to 100,000 Preferred Units at an offering price of $100 per share (the "Offered Shares") for total gross proceeds of up to $10,000,000. No securities are being offered by selling security holders. |
| &nbsp;&nbsp;**Number of shares of Common**<br>**Stock outstanding before the offering:** | &nbsp;&nbsp;300,000 common units |
| &nbsp;&nbsp;**Number of Preferred Units**<br>**outstanding after the offering:** | &nbsp;&nbsp;100,000 preferred units, if the maximum amount of Offered Shares are sold |
| &nbsp;&nbsp;**Price per share:** | &nbsp;&nbsp;$100 |
| &nbsp;&nbsp;**Public Stock listing:** | &nbsp;&nbsp;There is no intention for the Company's stock to be publicly listed.  |
| &nbsp;&nbsp;**Offering Type:** | &nbsp;&nbsp;An offering of Preferred Units by the Company pursuant to Tier 1 of Regulation A, as promulgated under the Securities Act of 1933, as amended (the "Securities Act"). <br>No sales of Offered Shares will be made anywhere prior to the qualification of the Offering Statement by the SEC. |
| &nbsp;&nbsp;**Termination**: | &nbsp;&nbsp;This offering will terminate on [ ] 2026, subject to extension for up to 180 days (the "Termination Date").  |
| &nbsp;&nbsp;**Voting Rights:** | &nbsp;&nbsp;The Preferred Units will not be entitled to vote on any matters submitted to a vote of the stockholders. |
| &nbsp;&nbsp;**Dividend Policy:** | &nbsp;&nbsp;The Company intends to pay an annual 7% preferred dividend on Preferred Stock if such funds are available from Company revenues. We may pay common stock dividends to our owners once all accrued 7% preferred dividends are paid in full. There is no assurance that the Company will ever be in the financial position to pay any dividends. |
| &nbsp;&nbsp;**Use of proceeds:** | &nbsp;&nbsp;We intend to use the gross proceeds to purchase, refurbish, and lease residential units |
| &nbsp;&nbsp;**U.S. federal income tax considerations:** | &nbsp;&nbsp;For material U.S. federal tax consequences of the acquisition, ownership and disposition of our Common Units, see "Certain Material U.S. Federal Income Tax Considerations." |
| &nbsp;&nbsp;**Risk factors:** | &nbsp;&nbsp;Investing in our Preferred Units involves a high degree of risk. <br>See "Risk Factors." |

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**RISK FACTORS**

**RISKS RELATED TO THE COMPANY AND INDUSTRY**

**Investment Risks**

***It is difficult to assess the likelihood of success for an early-stage company without long operating history like ours.***

We were only recently formed. Since our organization we have been engaged in start-up and development activities, primarily fund raising, and we have not attempted to, nor have we been able to, generate any revenues. As such, there is no operating history upon which investors may base an evaluation of the likely future performance.

***Units lack liquidity and marketability and holders of our Preferred Units may not be able to sell the units in a timely manner, or at the price they paid.***

There is no public trading market for the units, and neither members, nor holders of our Preferred Units can freely sell or transfer their units or use them as collateral for an investment. Our Operating Agreement restricts the transfer of units. In addition, the units can only be sold or redeemed under certain circumstances. They are restricted from resale under federal and state securities laws and are not traded or listed, nor do we intend for them to be traded or listed on an exchange or automated quotation market. Consequently, members and holders of our Preferred Units may not be able to sell their units in a timely manner, or at a price they paid.

***Our Manager may spend the net proceeds of this offering in ways with which you may not agree.***

The net proceeds of this offering are not allocated for specific uses. The management will have broad discretion to spend the net proceeds of this offering in ways that investors may not agree. Management's failure to apply these funds effectively could result in unfavorable returns.

***There has been no independent "due diligence" review of our affairs or financial condition.***

The statements contained in this document, or incorporated by reference, are solely those of the management. There has been no independent "Due Diligence" review of our affairs or financial condition, nor has any independent party verified the statements contained in this private placement memorandum. Prospective purchasers are urged to contact us directly for additional information about our operations.

***There is no minimum capitalization for this offering and investors' subscription funds will be used by us as soon as they are received.***

There is no minimum capitalization required in this offering. There is no assurance that all or a significant number of units may be sold in this offering. We will use investors' subscription funds as soon as they are received. If only small portions of the units are placed, then we may not have sufficient capital to operate. There is no assurance that we could obtain additional financing or capital from any source, or that such financing or capital would be available to us on terms acceptable to it. Under such circumstances, the project would need to be scaled down.

***Members and holders of our Preferred Units have a limited ability to have their units redeemed and may not receive a return of their capital contribution, in whole or in part, in a timely manner.***

The ability of a Member or holder of our Preferred Units to withdraw, or partially withdraw, from the Company and obtain the return of all or part of their capital by having their units redeemed is subject to significant limitations, including the following:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Redemptions are made only to the extent we have cash available and, in the judgment of the Manager, the redemption would not impair the liquidity or operation of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·We are not required to sell any portion of our assets to fund a withdrawal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·As a result of these and other factors, holders of our Preferred Units may not be able to have their capital contributions returned, in whole or in part, or in a timely manner.

***Units are not guaranteed and could become worthless.***

The units are not guaranteed or insured by any government agency or by any private party. The amount of earnings is not guaranteed and can vary with market conditions. The return of all or any portion of capital invested in units is not guaranteed, and the units could become worthless.

***Our Manager may, but is not required to, pay for the Company's expenses and the Company could experience a material adverse effect if it is required to pay such expenses.***

Our Operating Agreement provides that our Manager may, but is not required to, pay for expenses of the Company. Our Manager may pay such expenses but may discontinue the practice without notice at any time. If the Company becomes responsible for these expenses, the cash flow and liquidity of the Company could be adversely affected, which could reduce the likelihood that holders of our Preferred Units will experience a return on their investment in the Company.

***The Company may grow to a size that prevents us from operating effectively.***

The Company may raise up to $10,000,000. A significant increase in the size of the Company might cause the Manager to accept more underwriting risk to find and fund sufficient numbers of investments to generate the yields sought by the Company. If the Manager is unable to find and fund sufficient numbers of investments without incurring additional underwriting risk, then (1) investor funds may remain in money market or bank accounts, thereby reducing the Company's overall yield, or (2) if the Manager elects to fund real estate projects which have greater underwriting risk, the default rate on the Company's portfolio of investments could increase, thereby reducing Fund yields and otherwise adversely affecting the Company.

***We rely on Gerald McNabb to manage our operations to select our investments and an error in judgment or a decision by Gerald McNabb contrary to the one a Member or a holder of our Preferred Units would have made, or the loss of Gerald McNabb as our Manager could have a material adverse effect on our business and the amount of cash available for distribution to holders of our Preferred Units.***

Our ability to achieve our investment objectives and to pay distributions depends upon Gerald McNabb's performance in obtaining, underwriting, processing, making and brokering investments to us, and determining the financing arrangements for parties or projects into which we invest. Members and holders of our Preferred Units must rely on the judgment of Gerald McNabb in investing the proceeds of this offering because we do not have an independent board of directors and neither members nor holders of our Preferred Units will have the opportunity to evaluate the financial information or creditworthiness of parties or projects into which we invest, or other economic or financial data concerning our investments. If Gerald McNabb were to make an error in judgment in managing our operations or selecting investments for us, our business and the amount of cash available to distribute to members or holders of our Preferred Units could be adversely affected. If we were to lose the services of Gerald McNabb as Manager for any reason, there is no assurance that a qualified replacement Manager could be found. If no qualified replacement Manager can be found, we may be forced to terminate the Company.

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***We depend on key personnel of Stable Towers LLC, and the loss of any of their services could harm our business.***

We do not have any directors, officers or employees. Our success depends upon the continued efforts of Gerald McNabb and Millie McNabb. If any of these individuals were to cease employment with Stable Towers LLC, our operating results could suffer. Our future success also depends in large part upon Gerald McNabb's ability to hire and retain additional highly skilled managerial, operational, and marketing personnel. Competition for such personnel is intense. Should these entities be unable to attract and retain key personnel, the ability of the Company to make prudent investment decisions on our behalf may be impaired.

***Any indemnification of our Manager by us will decrease the amount available for distribution to members and holders of our Preferred Units.***

Pursuant to our Operating Agreement, we may be required to indemnify Gerald McNabb or others from any action, claim or liability arising from any act or omission made in good faith and in performance of its duties under the Operating Agreement. Such indemnification may reduce the amount of funds we have available to distribute to Members and holders of our Preferred Units.

**Risks of the Real Estate Investment Business** 

***Real Estate Investment Risk***

Real estate investments are inherently risky. The Company's investments in real estate properties are not guaranteed or insured by any government entity, the Company itself, McNabb Group LP, or Gerald McNabb. Property values may decline due to various factors, including market conditions, economic downturns, and property-specific issues. While the Company will maintain standard property insurance policies (e.g., fire, flood) to mitigate certain risks, investors could experience losses due to unforeseen circumstances or factors beyond the Company's control. These losses could affect the returns to Preferred Unitholders.

***The timing of the return on Preferred Unitholders may be particularly sensitive to changes in real estate markets in specific regions; changes in concentrations.***

One risk of investing in the Preferred Units is the concentration of the related homes in one or more geographic regions. If the regional economy or housing market weakens in one of this region in which a significant concentration of real estate properties that the Company acquires are located, the real estate properties that the Company acquires in that region may experience high rates of loss related to resale difficulties, resulting in losses to the Preferred Unitholders. A region's economic condition and housing market may be adversely affected by a variety of events, including natural disasters such as earthquakes, hurricanes, floods and eruptions, power shortages and other natural disasters, terrorist activities and civil disturbances such as riots.

***There is a risk that inaccurate appraisals could overstate the actual value of the properties held by the Company which would reduce the Company's ability to make full returns of dividend and principal.***

We intend to obtain an appraisal for each real estate property that the Company acquires, and in general, such appraisals represent the analysis and opinions of the respective appraisers at or before the time made, and are not guarantees of, and may not be indicative of, present or future value. There can be no assurance that another appraiser would not have arrived at a different valuation, even if such appraiser used the same general approach to and same method of appraising the property. In addition, appraisals seek to establish the amount a typically motivated buyer would pay a typically motivated seller. Such amount could be significantly higher than the amount obtained from the sale of a home under a distress or liquidation sale. As a result, in the event of such a sale, losses could occur which may adversely affect investors.

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***Environmental conditions may diminish the value of the properties and give rise to liability of the Company's assets.***

There are many federal and state environmental laws concerning hazardous waste, hazardous substances, petroleum substances (including heating oil and gasoline), radon and other materials which may affect the real estate properties that the Company acquires. For example, under the Federal Comprehensive Environmental Response Compensation and Liability Act, as amended, and possibly under state law in certain states, a secured party which takes a deed in lieu of foreclosure or purchases a home at a foreclosure sale may become liable in certain circumstances for the costs of a remedial action if hazardous wastes or hazardous substances have been released or disposed of on the property. Such costs may be substantial. It is possible that costs for remedial action could become a liability of the Company's assets. Such costs would reduce the amounts otherwise distributable to holders of the Preferred Unitholders if a home became the property of the Company's assets and if the Company's assets incurred such costs. Moreover, certain states by statute impose a priority lien for any such costs incurred by such state on the property. In such states, liens for the cost of any remedial action have priority even over prior recorded liens. In these states, the security interest of the Company's assets in a property that is subject to such a lien could be adversely affected.

***There is limited liquidity in our real estate investments, which could limit our flexibility.***

Real estate investments are relatively illiquid. Our ability to vary our portfolio in response to changes in economic and other conditions will be limited. We may not be able to dispose of an investment when we find disposition advantageous or necessary, and the sale price of any disposition may not recoup or exceed the amount of our investment. In addition, federal tax laws may impact our ability to sell our properties without adversely affecting returns to holders of our Preferred Units.

**The Preferred Units**

***The Preferred Units lack of liquidity and there are restrictions on transfer.***

The Preferred Units have not been registered or qualified under the Securities Act or the securities laws of any other jurisdiction, and neither the Company nor the Manager will be obligated to so register or qualify any the Preferred Units to permit the transfer of any Preferred Unit without such registration or qualification. Consequently, the Preferred Units will not be transferable other than in a transaction that is exempt or otherwise does not require registration under the Securities Act and upon satisfaction of certain other provisions of the Operating Agreement, as amended. The Preferred Units are subject to additional restrictions on transfer to or for the benefit of employee benefit plans and other retirement arrangements subject to ERISA or Section 4975 of the Code. See "TRANSFER AND EXCHANGE; RESTRICTIONS" and "ERISA CONSIDERATIONS."

There will be no market for the Preferred Units prior to the issuance thereof, and it is not expected that a secondary market will develop or, if it does develop, that it will provide the Preferred Units thereof with liquidity of investment or will continue for the life of the Preferred Units. The Preferred Units will not be listed on any securities exchange. As a result, investors must be prepared to bear the risk of holding the Preferred Units for an indefinite period.

Rental income, refinancing, and resale of real estate Properties are the sole sources of payments on the Preferred Units and other sources of payments to the Company are limited. The Preferred Units do not create an ownership interest in any of the assets of the Company. The preferred units, as opposed to the common units, do not represent an ownership interest in the Company, or an obligation of or ownership interest in the or any of their affiliates. If proceeds from the assets of the Company are not sufficient to make all payments to the Preferred Units as provided for in the Operating Agreement, investors will have no recourse to the Company or any other entity and will incur losses.

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**Risks Relating to Legal Proceedings and Investor Rights**

***Forum Selection Clause Could Limit Legal Remedies***

The Subscription Agreement includes a forum selection clause that requires investors to submit to the exclusive jurisdiction of the state and federal courts located in Idaho for any legal action relating to the Offering or the Preferred Units. This means that investors may be compelled to bring claims in courts located far from their own jurisdictions, which could increase the cost and inconvenience of pursuing legal remedies.

***Jury Trial Waiver May Affect Your Legal Rights***

The Subscription Agreement contains a waiver of the right to a jury trial. By executing the Subscription Agreement, investors knowingly and voluntarily waive their right to a trial by jury in any action or proceeding arising out of or relating to the investment or the Offering. This waiver could limit the legal avenues available to investors in the event of a dispute.

***Fee-Shifting Provision May Deter Legal Actions***<br>

The Subscription Agreement includes a fee-shifting provision under which the prevailing party in any legal proceeding arising out of the Offering or the enforcement of the Subscription Agreement may recover reasonable attorneys' fees and related costs from the non-prevailing party. Specifically:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·To avoid payment of attorneys' fees, a plaintiff must prevail on the majority of material claims in the dispute.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·The provision applies to all investors, including current and former holders of Preferred Units.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·The Company and its directors, officers, and affiliates may seek to recover attorneys' fees under this provision if they are the prevailing party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·The fee-shifting clause applies to transferees, including those who acquire Preferred Units in secondary transactions, if they are bound by the Subscription Agreement.

These provisions may make it more difficult or costly for investors to bring legal claims, particularly those with limited resources.

***Limitations with Respect to Federal Securities Laws***

The forum selection clause, jury trial waiver, and fee-shifting provisions do not apply to claims arising under the Securities Act of 1933 or the Securities Exchange Act of 1934. These provisions do not waive any rights or protections afforded under the federal securities laws, and do not limit investors' rights to bring claims under those laws in any competent federal court with appropriate jurisdiction.

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**RISKS RELATED TO THIS OFFERING**

***Neither the Offering nor the Securities have been registered under federal or state securities laws, leading to an absence of certain regulation applicable to the Company.***

No governmental agency has reviewed or passed upon this Offering, the Company, or any Securities of the Company. The Company has not registered this Offering under the Securities Act in reliance on exemptions from such registration. The Company also has relied on exemptions from securities registration requirements under applicable state securities laws. Investors in the Company, therefore, will not receive any of the benefits that such registration would otherwise provide. Prospective investors must therefore assess the adequacy of disclosure and the fairness of the terms of this Offering on their own or in conjunction with their personal advisors.

***No Guarantee of Return on Investment***

There is no assurance that a Purchaser will realize a return on its investment or that it will not lose its entire investment. For this reason, each Purchaser should read the Memorandum and all Exhibits carefully and should consult with its own attorney and business advisor prior to making any investment decision.

***Control and Potential Conflicts of Interest***

The Company is controlled by the McNabb Family Trust and the McNabb Group Limited Partnership, which are ultimately controlled by three members of the same family: Gerald McNabb and Millie McNabb. This concentrated family ownership may give rise to potential conflicts of interest.

These family members have significant influence over the Company's management, policies, and major decisions, including the election of managers and approval of significant transactions. Their interests may not always align with those of other investors. For example, they may prioritize actions that benefit their family, even if those actions are not in the best interests of all investors.

This concentrated control could also:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·*Discourage potential acquisitions:* Making it harder for other companies to acquire the Company, which could limit potential gains for investors.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·*Entrench existing management:* Potentially hindering the replacement of management even if it underperforms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·*Limit investor influence:* Reducing the ability of other investors to effect change within the Company.

Investors should be aware that the McNabb family's control may affect the Company's operations and strategic direction."

***The Company has the right to extend the Offering deadline.***

The Company may extend the Offering deadline beyond what is currently stated herein. This means that the Company may attempt to raise the money even after the Offering deadline stated herein is reached.

***There is no present market for the Securities, and we have arbitrarily set the price.***

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We have arbitrarily set the price of the Securities with reference to the general status of the securities market and other relevant factors. The Offering price for the Securities should not be considered an indication of the actual value of the Securities and is not based on our net worth or prior earnings. We cannot assure you that the Securities could be resold by you at the Offering price or at any other price.

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***The Common Units purchased pursuant to this offering will be equity interests in the Company and will not constitute indebtedness.***

The Common Units that is purchased in this Offering will rank junior to all existing and future indebtedness and other non-equity claims on the Company with respect to assets available to satisfy claims on the Company, including in a liquidation of the Company. Additionally, unlike indebtedness, for which principal and interest would customarily be payable on specified due dates, there will be no specified payments of dividends with respect to the Securities and dividends are payable only if, when and as authorized and declared by the Company and depend on, among other matters, the Company's historical and projected results of operations, liquidity, cash flows, capital levels, financial condition, debt service requirements and other cash needs, financing covenants, applicable state law, federal and state regulatory prohibitions and other restrictions and any other factors the Company's board of directors deems relevant at the time. In addition, the terms of the Securities will not limit the amount of debt or other obligations the Company may incur in the future. Accordingly, the Company may incur substantial amounts of additional debt and other obligations that will rank senior to the Securities.

***You will not have a vote or influence on the management of the Company.***

Substantially all decisions with respect to the management of the Company will be made exclusively by the officers, directors, managers or employees of the Company. You, as a Purchaser, will have a very limited ability to vote on issues of Company management and will not have the right or power to take part in the management of the Company and will not be represented on the board of directors or managers of the Company. Accordingly, no person should purchase a Security unless he or she is willing to entrust all aspects of management to the Company.

***Purchasers Will Not Participate in Management***

Gerald McNabb has full responsibility for managing our Company. The Purchasers will not be entitled to participate in the management or operation of the Company or in the conduct of its business. The Purchasers may not vote their Securities in the election of the Company officers or for any other reason, except in limited circumstances as allowed under Securities law.

***Your ownership of the shares of Stable Towers LLC stock will be subject to dilution.***

Owners of Common Units do not have preemptive rights. If the Company conducts subsequent offerings of or securities convertible into shares, issues shares pursuant to a compensation or distribution reinvestment plan or otherwise issues additional shares, investors who purchase shares in this Offering who do not participate in those other stock issuances will experience dilution in their percentage ownership of the Company's outstanding shares. Furthermore, shareholders may experience a dilution in the value of their shares depending on the terms and pricing of any future share issuances (including the shares being sold in this Offering) and the value of the Company's assets at the time of issuance.

&nbsp;&nbsp;&nbsp;&nbsp;

***Neither the Offering nor the Securities have been registered under federal or state securities laws, leading to an absence of certain regulation applicable to the Company.***

No governmental agency has passed upon this Offering, the Company, or any Securities of the Company. The Company also has relied on exemptions from securities registration requirements under applicable state securities laws. Investors in the Company, therefore, will not receive any of the benefits that such registration would otherwise provide. Prospective investors must therefore assess the adequacy of disclosure and the fairness of the terms of this Offering on their own or in conjunction with their personal advisors.

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***No Guarantee of Return on Investment.***

There is no assurance that a Purchaser will realize a return on its investment or that it will not lose its entire investment. For this reason, each Purchaser should read the prospectus and all Exhibits carefully and should consult with its own attorney and business advisor prior to making any investment decision.

**DILUTION**

As of the date of this Offering Circular, we had issued 300,000 common units and have 300,000 common units outstanding. The term "dilution" refers to the reduction (as a percentage of the aggregate shares outstanding) that occurs for any given share of stock when additional shares are issued.

The investors in this offering will be issued **redeemable preferred units** in the Company. These preferred units will entitle the holders to receive a **7% annual dividend**, subject to the Company's financial ability to pay dividends, and as otherwise specified in the terms of the offering, but **will not represent equity ownership or voting rights** in the Company. As such, the issuance of preferred units will not dilute the equity ownership of the common members of the Company.

The Company's common members, who are the owners of the common equity, will retain **100% ownership** of the equity interests in the Company, irrespective of the amount of capital raised through this offering. Even if the maximum amount of $10,000,000 is raised from the issuance of preferred units, this will have no dilutive impact on the ownership percentages or control rights of the common members.

In addition:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·**Preferred Shareholders' Rights**: The preferred units offered in this investment do not confer any voting rights, equity participation, or control over the Company's business operations or decision-making processes. Preferred shareholders are entitled solely to the fixed dividend payout and potential redemption as outlined in the offering terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·**No Equity Participation**: In the event of an increase in the value of the Company's assets or growth in its profitability, the preferred shareholders will not participate in this upside. Any gains in equity value will accrue solely to the common members, who will continue to own the entirety of the Company's equity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·**No Dilution of Control**: As the preferred units do not confer any voting rights, common members retain full control of the Company, including all decision-making authority over its operations, governance, and strategic direction. The issuance of preferred units will not impact this control.

In summary, while investors in the preferred units will benefit from a fixed return in the form of dividends, subject to the Company's financial ability to pay dividends, their investment will not provide any equity interest in the Company. Therefore, **no dilution of the common equity** will occur, and the common members will continue to own and control the Company in its entirety.

**PLAN OF DISTRIBUTION**

This Offering Circular will be furnished to prospective investors upon their request via electronic PDF format and will be available for viewing and download from Company's web platform, as well as on the SEC's website at www.sec.gov.

The Common units are self-underwritten and are being offered and sold by the Company on a best-efforts basis. No compensation will be paid to any principal of the Company, or any affiliated company or party with respect to the sale

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of the Common units. This means that no commissions or other compensation will be paid for the sale of the Common units offered by the Company.

We are relying on Rule 3a4-1 of the Securities Exchange Act of 1934, Associated Persons of an Issuer Deemed not to be Brokers. The applicable portions of the rule state that associated persons (including companies) of an issuer shall not be deemed brokers if they a) perform substantial duties at the end of the Offering for the issuer; b) are not broker dealers; and c) do not participate in selling securities more than once every 12 months, except for any of the following activities: i) preparing written communication, but no oral solicitation; or ii) responding to inquiries provided that the content is contained in the applicable registration statement; or iii) performing clerical work in effecting any transaction.

Neither the Company, its principals, nor any affiliates conduct any activities that fall outside of Rule 3a4-1 and are therefore not brokers nor are they dealers. All subscription funds which are accepted will be deposited directly into the Company's account. This account is not held by an escrow agent nor subject to any escrow agreement.

The Company plans use the founder's network of contacts to solicit investments as well as various forms of advertisement. The Company, subject to Rule 255 of the Securities Act of 1933 and corresponding state regulations, is permitted to generally solicit investors by using advertising mediums, such as print, radio, TV, and the Internet. We will offer the securities as permitted by Rules 251 (d)(1)(iii) and 251(d)(3)(i)(F) of Regulation A whereby offers may be made after this Offering has been qualified, but any written offers must be accompanied with or preceded by the most recent Offering circular filed with the Commission for the Offering. The Company plans to solicit investors at real estate conferences and through a variety of media and internet advertising.

Additionally, the Company intends to conduct its operations so that the Company will not meet the definition of investment company under Section 3(a)(1) of the Investment Company Act of 1940, as amended (the "Investment Company Act") and, accordingly, the Company does not intend to register as an investment company under the Investment Company Act.

In order to subscribe to purchase this Offering, a prospective investor must either electronically or manually complete, sign and deliver an executed purchase agreement for the Common units ("Subscription Agreement") to the Company at 14053 West Tyhee Road, Pocatello, Idaho 83202, and submit payment by way of check or wire transfer payable to "Stable Towers LLC". The Offering will remain open from the date on which the Offering statement is qualified until [ ] 2026. All investor funds will go directly to the Company based on payment instructions provided on the Platform in accordance with the Subscription Agreement and will be immediately released to the Company on an ongoing basis as received from Investors and accepted by the Company.

There is currently no trading market for the Common units and no trading market is expected to ever develop. As a result, Investors should be prepared to retain this Offering for as long as this Offering remain outstanding and should not expect to benefit from any Common Share price appreciation.

In compliance with Rule 253(e) of Regulation A, the Company will revise the Offering statement, of which this Offering Circular forms a part, during the Offering whenever information herein has become false or misleading in light of existing circumstances, material developments have occurred, or there has been a fundamental change in the information initially presented. Such updates will not only correct such misleading information but shall also provide update financial statements and shall be filed as an exhibit to the Offering statement, of which this Offering Circular forms a part, and be requalified under Rule 252 of Regulation A.

**Determination of Offering Price**

The Offering Price is arbitrary with no relation to the value of the Company. Since the Preferred units are not listed or quoted on any exchange or quotation system, the Offering Price of the Preferred units was arbitrarily determined.

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The Offering Price was determined by the Company and is based on its own assessment of its financial condition and prospects, limited Offering history and the general condition of the securities market. It does not necessarily bear any relationship to book value, assets, past operating results, financial condition or any other established criteria of value.

**Subscription Process**

Investors seeking to purchase Preferred units should proceed as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Read this entire Offering Circular and any supplements accompanying this Offering Circular.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Electronically or manually complete and execute a copy of the Subscription Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Electronically or manually provide the required Subscription Agreement information and any additional information to the Company at 14053 West Tyhee Road, Pocatello, Idaho 83202, Attention: Subscription Agreement Department.

By executing the Subscription Agreement and paying the total purchase price for the Common units you are interested in purchasing, which payment is made directly to the Company based on payment instructions provided on the Platform in accordance with the Subscription Agreement, and immediately deposited by Company, you will be deemed to (i) agree to all of the provisions of the Subscription Agreement attached hereto as Exhibit 4, (ii) agree to all of the provisions of the Company Articles of Incorporation attached hereto as Exhibit 2, (iii) agree to all of the provisions of the Company Operating agreement attached hereto as Exhibit 2, (iv) agree to the relevant restrictions outlined herein, and (v) attest that you meet the minimum standards of a "qualified purchaser." Subscriptions will be irrevocable, and effective only upon the Company's acceptance and the Company reserves the right to reject any subscription in whole or in part.

Following the date on which the SEC qualifies the Offering, subscriptions will be accepted or rejected within ten (10) business days of receipt by the Company. The Company will not draw funds from any subscriber until the date your subscription is accepted. If the Company accepts your subscription, it will email you a confirmation.

**USE OF PROCEEDS**

We estimate that the maximum net proceeds we will receive from this offering may be approximately $9,980,000, after deducting estimated offering expenses. We cannot guarantee that we will raise the total estimated amount of proceeds or that we will raise any amount at all. We intend to use the proceeds of the Offering, net of any federal and state income taxes, for the following purposes:

**Expense Category**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Purchase of Buildings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Refurbishment of Buildings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Leasing of Buildings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·General and Administrative

The use of proceeds is not expected to materially vary based on the amount raised in the Offering.

We would expect to modify our use of proceeds as outlined above depending on the proceeds raised. These variations are based on management's view of the best use of proceeds to benefit the company and its stakeholders.

The expected use of net proceeds from this Offering represents our intentions based upon our current plans and business conditions, which could change in the future as our plans and business conditions evolve and change. The

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amounts and timing of our actual expenditures, specifically with respect to working capital, may vary significantly depending on numerous factors. As a result, our management will retain broad discretion over the allocation of the net proceeds from this Offering.

In the event we do not sell all the shares being offered, we may seek additional financing from other sources in order to support the intended use of proceeds indicated above. If we were to secure additional equity funding, investors in this offering would be diluted. In all events, there can be no assurance that additional financing would be available to us when wanted or needed and, if available, on terms acceptable to us.

**DESCRIPTION OF THE BUSINESS**

**Company History**

The Company was formed on October 5, 2023. The Company has been funded by Gerald and Millie McNabb.

**Overview**

The Company is engaged in the business of acquiring, refurbishing, and leasing commercial and residential properties in southern, Idaho area, including Pocatello and Twin Falls. The Company's business model focuses on identifying underperforming or undervalued properties, executing strategic refurbishment plans, and leasing these properties to generate stable, long-term income. With a focus on the southern Idaho market, the Company leverages local market knowledge, relationships with contractors, and a deep understanding of the area's economic and demographic trends to maximize the value of its investments.

**Market Opportunity**

Idaho, has experienced steady economic growth in recent years, driven by its strategic location, a growing population, and increased demand for quality housing and commercial spaces. The Company sees significant opportunity in the southern Idaho area, particularly in revitalizing older properties in need of refurbishment to meet current market demands. The regional economy benefits from its proximity to major highways, a robust agricultural sector, and the presence of Idaho State University, all of which contribute to a stable rental market for both commercial and residential properties.

**Business Strategy**

The Company's strategy is centered on the following key pillars:

*Acquisition of Underperforming Properties*: The Company identifies properties in the southern Idaho area that are in need of refurbishment or have untapped potential. These properties are often acquired at a discount relative to market prices.

*Refurbishment and Renovation*: Once acquired, properties undergo strategic renovations to enhance their marketability and value. The focus is on improving the structural and aesthetic aspects of the properties to attract tenants willing to pay market rents for updated spaces.

*Leasing and Property Management*: After refurbishment, the Company leases the properties to residential tenants, ensuring a diverse income stream.

*Community Engagement and Development*: The Company works closely with local contractors, city planners, and business development organizations to align its refurbishments with broader city revitalization efforts.

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**Relevant Government Regulations and Agencies**

Operating in the real estate and refurbishment sector involves compliance with a variety of local, state, and federal regulations. The Company's business is affected by regulations relating to property acquisition, zoning, building codes, environmental standards, and tenant relations. Some of the primary regulatory considerations include:

*Local Zoning Laws, Impact Fees and Building Permits*: The cities in southern Idaho enforce zoning ordinances that regulate land use and the types of structures that can be built or renovated. The Company must work closely with the City's Planning and Zoning Department to ensure compliance with all zoning requirements. In addition, any refurbishment projects require building permits, which are issued after inspection to ensure that the work adheres to local building codes. In situations where the Company changes the use of a property, the Company is subject to impact fees set by the local government.

*Idaho Department of Environmental Quality (DEQ)*: The Company must comply with environmental regulations related to property renovations, particularly concerning waste disposal, lead paint, asbestos removal, and other environmental hazards. The DEQ may require environmental assessments of certain properties, especially if they are older or previously used for industrial purposes.

*Federal Fair Housing Laws*: As a landlord in the residential real estate market, the Company must adhere to the Fair Housing Act (FHA), which prohibits discrimination in renting based on race, color, national origin, religion, sex, familial status, or disability. The Company ensures that its leasing practices are fully compliant with federal fair housing regulations.

*Americans with Disabilities Act (ADA)*: For properties leased to commercial tenants, the Company must ensure that they comply with the Americans with Disabilities Act, which mandates accessibility standards for individuals with disabilities. This includes ensuring that entrances, exits, and public areas of the properties meet ADA standards.

*Occupational Safety and Health Administration (OSHA)*: During the refurbishment phase, the Company is responsible for ensuring that all construction and renovation activities comply with OSHA standards. This includes maintaining safe working conditions for contractors and subcontractors and adhering to regulations regarding the handling of hazardous materials, scaffolding, and other construction-related safety measures.

*State and Local Tax Compliance*: The Company is subject to local and state property taxes, as well as income taxes on the profits generated from leasing activities. Idaho's tax laws on real estate transactions, including potential capital gains taxes, will apply when properties are sold or transferred.

*Federal Tax Considerations*: The Company must comply with federal tax laws, particularly concerning the tax treatment of income generated through rental properties and refurbishment expenses. Tax deductions may be available for certain capital expenditures related to property improvements, interest on mortgage payments, and depreciation of real estate assets.

**Future Growth and Expansion Plans**

As part of its long-term growth strategy, the Company plans to expand its portfolio by acquiring additional properties in the southern Idaho area. This may include both commercial and residential properties that fit the Company's acquisition criteria. Over time, the Company aims to diversify its tenant base and potentially expand into other markets within Idaho, depending on capital availability and market conditions.

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**INTELLECTUAL PROPERTY**

None.

**DESCRIPTION OF PROPERTY**

Our principal office is located at 14053 West Tyhee Road, Pocatello, Idaho 83202, which is the business office of the majority stockholder and sole officer and director. The space is believed to be suitable for our operations for the foreseeable future.

Gerald McNabb and Millie McNabb (collectively, the "McNabbs") have contributed the equity of Figure Eight, LLC, which in turn owns title to the property located at 491 Caswell Avenue West, Twin Falls, Idaho.

The Property, located at 491 Caswell Avenue West, consists of three distinct components:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.**491 Caswell Avenue West:** A 45,000 square foot mixed-use building with retail and residential space

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.**584 Filer Avenue West:** A parcel of land improved with a triple-wide manufactured home.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.**Adjacent Vacant Land:** An undeveloped parcel of land located to the south of the above-described components, adjoining Filer Avenue West.

**Conflict of Interest Disclosure**

As a result of this contribution, the McNabbs, as the ultimate owners of Figure Eight, LLC prior to the transaction, had direct involvement in determining the terms under which the contribution was made. In exchange for contributing their ownership interest in Figure Eight, LLC, the McNabbs received 300,000 common units in Stable Towers, LLC. The McNabbs, therefore, maintain a significant equity interest in the Company and continue to exercise managerial control over its operations.

The McNabbs own all of the common stock of the Company and are not selling any common stock as part of this offering. Instead, the Company is offering 7% redeemable preferred stock to investors. Because the McNabbs control the Company and have an ongoing financial interest in its performance, there exists an inherent conflict of interest between their role as Company managers and their position as equity holders benefiting from the contribution of Figure Eight, LLC.

Potential investors should be aware that the terms of the Contribution Agreement were determined without independent third-party valuation or negotiation on behalf of the Company's prospective investors. The valuation of the contributed assets, as well as any related financial arrangements, were established by the McNabbs in their capacity as both contributors and controlling members of the Company.

Additionally, the Company acknowledges the existence of outstanding debt obligations related to the contributed Property, including a mortgage held by Citizens Community Bank in the amount of approximately $1,163,411. The McNabbs were involved in structuring how these liabilities are assumed or serviced post-contribution, which may present additional conflicts of interest in managing the financial position of the Company.

**Risk Considerations**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·**Self-Determined Terms**: The terms of the contribution of Figure Eight, LLC to the Company were set by the McNabbs, who hold both a controlling management position and a financial interest in the outcome of the transaction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·**Absence of Third-Party Valuation**: The contributed Property was not independently appraised prior to its transfer, and the terms of the contribution were not negotiated at arm's length.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·**Ongoing Control**: The McNabbs retain full managerial control of the Company and have the ability to make decisions that may impact the preferred shareholders' interests.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·**Encumbrances on the Property**: The Property contributed to the Company is subject to existing debt obligations, which could affect the financial stability of the Company and the security of investors' capital.

Prospective investors are encouraged to carefully consider these conflicts of interest and consult with their own financial and legal advisors before making an investment decision.

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**MANAGEMENT'S DISCUSSION AND ANALYSIS OF**<br>**FINANCIAL CONDITION AND RESULTS OF OPERATIONS**

*You should read the following discussion and analysis together with the financial statements and the related notes to those statements included elsewhere in this offering statement. This discussion contains forward-looking statements that involve risks and uncertainties. As a result of many factors, such as those set forth in the section of the prospectus captioned "Risk Factors" and elsewhere in this offering statement, our actual results may differ materially from those anticipated in these forward-looking statements.* 

**Overview**

Stable Towers LLC is an Idaho limited liability company founded on October 5, 2023. Since its founding, the company has been involved in startup activities including reviewing property opportunities, preparing offering documents and planning future operations.

 

**Liquidity and Capital Resources**

The Company's liquidity position reflects its current operational phase, which focuses on purchasing, refurbishing, and leasing residential properties. As of the date of this memorandum, the Company owns one commercial property, which is not yet generating cash flow. This property is under refurbishment, and as such, it is anticipated that significant additional capital will be required to complete the renovations and prepare the asset for leasing. The Company expects to complete this project in eight phases. Phase 1 of the refurbishment is nearly complete. Significant work has been done in Phase 2.

The Company is seeking to raise up to $10,000,000 through the issuance of redeemable Preferred Units. The proceeds of this capital raise are intended to fund ongoing refurbishment activities, cover interest payments on existing debt, and provide working capital. Until refurbishment is complete and the property can generate rental income, the Company's liquidity will primarily rely on the success of this offering and, potentially, additional financing.

The Company currently has debt obligations related to the acquisition of its existing property. These obligations are being serviced through a combination of existing cash reserves and planned future capital raises. Upon completion of the refurbishment, it is expected that the property will become cash-flow positive, which should improve the Company's liquidity position and reduce reliance on external financing.

**Sources of Funds**

The primary source of funds for the Company in the near term is expected to come from the proposed issuance of redeemable Preferred Units, which aims to raise up to $10,000,000. The terms of the Preferred Units will include a 7% annual dividend to be paid to investors, contingent on available cash flow from operations or other capital resources.

In addition to the equity raise, the Company may explore opportunities to secure debt financing or additional equity investment if the refurbishment timeline extends beyond current projections or additional properties are acquired. Internally generated funds from property leasing are expected to become a significant source of capital once the property is operational.

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**Critical Accounting Policies and Significant Judgments and Estimates**

The preparation of the Company's financial statements involves applying critical accounting policies that require significant judgments and estimates by management. These policies include the valuation of real estate assets, the assessment of impairment for underperforming assets, and the capitalization of refurbishment costs.

Management must estimate the potential useful life of significant refurbishment efforts and allocate costs accordingly. Any material changes in the scope or cost of refurbishment may result in adjustments to these estimates. Additionally, future projections of cash flows are essential in determining the carrying value of the Company's real estate assets. Given that the Company's properties are not yet cash flowing, judgments around the timing and amounts of future cash flows involve significant uncertainty.

**Plan of Operations**

The Company's current operations are focused on renovating its existing commercial property. The completion of the renovation is a top priority. The Company is renovating the property in phases and leasing units, subject to market demand, in each phase as renovations are completed. Currently, seven of the fourteen planned finished apartments are now rented. Each of the phases is anticipated to take one to four months to complete.

In the immediate future, the Company anticipates using a substantial portion of the funds raised from the Preferred Units issuance for refurbishment costs. The remaining funds will be allocated to servicing existing debt, paying dividends on Preferred Units, and meeting working capital needs.

Management, comprised of three related individuals, has not yet taken management fees from the Company's operations but intends to do so once cash flow permits. The eventual payment of these fees will depend on the profitability and cash flow from leasing activities. Furthermore, management is actively seeking additional investment opportunities in residential properties, which could provide long-term growth if the appropriate opportunities arise and capital is available.

**Recent Sales of Equity Securities**

The Company issued 300,000 common units to two persons in connection with its organization. The shares were issued for services or nominal consideration.

**DIRECTORS, EXECUTIVE OFFICERS AND SIGNIFICANT EMPLOYEES**

**Management**

The following sets forth information about our executive officers and management team.

***Gerald McNabb, Business Development Manager***

Gerald McNabb obtained a bachelor's degree in chemistry and began his career in Idaho as a radiochemist for the Department of Energy with a Q level security clearance. He then obtained a master's degree in Chemistry/Physics. He and his wife, Millie, started one of the first retail computer businesses, assembling and selling personal and business computers.

Gerald worked for two large defense contractors working on underseas vehicles for which he held a secret clearance. He then returned to Idaho working for an agricultural company, as a new products development chemist. During that time, he obtained three US patents, two for precision agriculture and one for a fertilizer coating. After the company closed their research and development lab, Gerald taught math at a state university. During that time, Gerald obtained a Master's degree in Measurement and Control Engineering.

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During this time Gerald and Millie worked with a developer to develop the first Planned Unit Development (PUD) in the city of Chubbuck, Idaho. They converted 160 acres of their farmland to a residential development named Park Meadows. Additional land was sold to the school district, a charter school, and two churches. Resources from land sales were used to buy income producing rental property.

Gerald, and his wife Millie began investing in real estate in 2004, purchasing a house and a duplex. Both properties were upgraded, increasing their value by 55% and 140% respectively. For the last 20 years he has built a team of people and acquired $15 million AUM in the market niche of acquiring distressed properties, upgrading them, and holding them as income producing property.

***Millie McNabb, Operations Manager***

Millie McNabb started her business career on the family farm, where she not only did farm labor, but also did record keeping and processed the payroll. She obtained two degrees in music and took several graduate courses in business. She began her career in an Idaho school system as the Elementary Music Supervisor for ten schools in the district, as well as teaching band and choir. In 1977, she and her husband, Gerald, started one of the first retail computer businesses, assembling and selling personal and business computers. Millie developed and taught several courses to businesspeople for utilizing computers in their companies.

Gerald and Millie homeschooled their four daughters. During this time, Millie collaborated on a Christian curriculum and traveled a three-state area introducing the material to churches. Gerald and Millie worked with a developer to develop the first Planned Unit Development (PUD) in the city of Chubbuck, Idaho. They gained experience working with government regulations and professional design engineers.

In 2004, Gerald and Millie started using resources from land sales to buy income producing rental property. They renovated and stabilized distressed properties, and then managed those places as rentals. They grew from an initial investment in single-family, to a recent property with 73 rental units. Millie coordinates the renovation design with her daughter Heather and meets with architects and engineers. She estimates, selects and orders materials and oversees the work of the construction crews. She administers property management using AppFolio software to post vacancies to our website, process applicants and collect rents online from tenants. She superintends accounting and implements computer tools for greater efficiency.

**No Removal of Gerald McNabb as Manager**

It is not possible for owners of Preferred Units of the Company to remove Gerald McNabb as Manager, because only holders of common units may remove Gerald McNabb and only the Manager may remove employees and consultants and the McNabbs collectively own all of the outstanding common units of the Company and will own at least 75% of the common units (300,000 of 400,000 common units) even if common shares are sold to others.

**LEGAL PROCEEDINGS**

**Previous Lawsuits**

The Company does not have any previous material legal proceedings.

**Ongoing Lawsuits**

The Company does not have any ongoing material legal proceedings.

***Executive Offices***

 ****

Our principal office is located at 14053 West Tyhee Road, Pocatello, Idaho 83202, which is the residence of the majority stockholder and sole officer and director. The space is believed to be suitable for our operations for the foreseeable future.

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**COMPENSATION OF DIRECTORS AND EXECUTIVE OFFICERS**

The following table summarizes the compensation of the three highest paid persons who were our executive officers since inception:

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| | | | | |
|:---|:---|:---|:---|:---|
| Name | Title | Cash compensation ($) | Other compensation ($) | Total compensation ($) |
| Gerald McNabb | Manager | $- | $- | $- |
| Millie McNabb |  | $- | $- | $- |

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**Director Compensation**

We do not compensate our directors for their service as directors at this time. We intend to compensate our directors in the form of cash or stock in the future.

**SECURITY OWNERSHIP OF MANAGEMENT AND CERTAIN SECURITYHOLDERS**

The following table sets forth the total number and percentage of our shares of Stock that will be beneficially owned on July 18, 2025 by: (1) each holder of more than 10% of our Stock, including executive officers and directors individually; and (2) all executive officers and directors as a group.

Beneficial ownership is determined in accordance with SEC rules (See Rule 13d-3(d)(1) of the Securities Exchange Act of 1934 for more detail) and generally includes voting or investment power with respect to securities. For purposes of this table, a person or group of persons is deemed to have "beneficial ownership" of any shares of Stock that such person or any member of such group has the right to acquire within 60 days of July 18, 2025. For purposes of computing the percentage of outstanding shares of our Stock held by each person or group of persons named above, any shares that such person or persons has the right to acquire within 60 days from July 18, 2025 are deemed to be outstanding for such person, but not deemed to be outstanding for the purpose of computing the percentage ownership of any other person. The inclusion herein of any shares listed as beneficially owned does not constitute an admission of beneficial ownership by any person.

[table of Security Ownership of Management on next page]

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| | | | | |
|:---|:---|:---|:---|:---|
| **Title of Class of Voting Securities**  | **Name and Address of Beneficial Owner** | **Amount and nature of beneficial ownership (1)(2)(3)** | **Amount and nature of beneficial ownership** | **Percent of class** |
| common | Gerald McNabb | 150000  | Indirect | 50% |
| common | Millie McNabb | 150000  | Indirect | 50% |
| **Total officers, directors and 10% holders as a group (2 persons)** | **Total officers, directors and 10% holders as a group (2 persons)** | **300000**  |  | **100.0%** |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)This includes voting and/or dispositive power over any security or power acquirable with the purpose or effect of changing or influencing the control of the issuer, or in connection with or as a participant in any transaction having such purpose or effect if such security or power is acquirable (A) through the exercise of any option, warrant or right; (B) through the conversion of a security; or (C) pursuant to the power to revoke a trust, discretionary account, or similar arrangement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)The right to acquire beneficial ownership of the security includes but is not limited to any right to acquire: (A) through the exercise of any option, warrant or right; (B) through the conversion of a security; (C) pursuant to the power to revoke a trust, discretionary account, or similar arrangement; or (D) pursuant to the automatic termination of a trust, discretionary account or similar arrangement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)For purposes of computing the percentage of outstanding shares of our Stock held by each person or group of persons named above, any shares that such person or persons has the right to acquire within 60 days from July 18, 2025 are deemed to be outstanding for such person, but not deemed to be outstanding for the purpose of computing the percentage ownership of any other person.

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**INTEREST OF MANAGEMENT AND OTHERS IN CERTAIN TRANSACTIONS**

**Controlling Ownership and Potential Conflicts**

The Company is controlled by Gerald McNabb and Millie McNabb through their ownership of the McNabb Family Trust and the McNabb Group Limited Partnership. The McNabbs, directly or indirectly, own 100% of the Company's 300,000 outstanding common units. This concentrated ownership structure may create potential conflicts of interest.

As the sole common unit holders, the McNabbs have significant influence over all aspects of the Company, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·*Management and decision-making:* They can elect managers, approve major transactions, and set overall strategy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·*Distribution of profits:* They have the power to determine how profits are allocated and distributed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·*Potential related-party transactions:* They may engage in transactions with other businesses they own or control, potentially at the expense of the Company or other investors.

These potential conflicts could result in decisions that benefit the McNabbs personally, even if those decisions are not in the best interests of other investors who may hold preferred units or other interests in the Company.

***Review, Approval and Ratification of Related Party Transactions***

Given our small size and limited financial resources, we have not adopted formal policies and procedures for the review, approval or ratification of transactions, such as those described above, with our executive officer(s), Director(s) and significant stockholders. We intend to establish formal policies and procedures in the future, once we have sufficient resources and have appointed additional Directors, so that such transactions will be subject to the review, approval or ratification of our Board of Directors, or an appropriate committee thereof. On a moving forward basis, our Directors will continue to approve any related party transaction.

**SECURITIES BEING OFFERED**

The following descriptions of the terms of our securities, certain provisions of Idaho law and certain provisions of our certificate of organization and Operating agreement are summaries, do not purport to be complete and are subject to and qualified in their entirety by reference to our certificate of organization and Operating agreement, copies of which are filed as exhibits to the Offering Statement of which this offering circular is a part. See "Where You Can Find More Information."

**Preferred Units**

As of July 18, 2025, the Company has authorized one-million (1,000,000) Preferred Units. The Preferred Units have the following characteristics:

*7% Annual Dividend*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·The Series A units pay a cumulative annual dividend of 7%, subject to the Company's financial ability to pay them.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Dividends accrue if unpaid and must be satisfied before any distributions are made to common unit holders.

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*Dividend Commencement*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·The 7% dividend begins accruing 30 days after the Company receives subscription funds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·During this initial 30-day period, subscription funds are held in an interest-bearing account, earning interest at the prevailing rate.

*Liquidation Preference*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·In the event of the Company's liquidation or dissolution, holders of Series A units have priority over common unit holders and any subsequently issued series of preferred units.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·This ensures that Series A unit holders are repaid their initial investment and any accrued dividends before other investors receive distributions.

*Redemption*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·The Company retains the option, but not the obligation, to redeem Series A units at any time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Redemption will be at a rate of $100 per unit upon or payment of all accrued and unpaid dividends.

*Non-Voting Rights*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Holders of Preferred Series A Member Units do not hold membership status in the Company and, as a result, have no voting rights.

*Initial 30-Day Fund Handling*

Upon receipt of subscription funds, the Company will hold the funds in an interest-bearing account for 30 days. This holding period allows for administrative processes such as subscription verification and investor documentation finalization. During this period:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Funds are not deployed for investment purposes.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Interest accrued on the funds is paid to the investor.

*Issuance of Other Preferred Units*

The Company's Operating Agreement grants the Managing Member the authority to designate and issue additional series of preferred units with terms, rights, and preferences that may differ from or be superior to the Series A units. This includes, but is not limited to, establishing dividend rights, voting rights, conversion terms, redemption terms, and liquidation preferences for any newly created series. Amendments to the Operating Agreement may also occur to facilitate the issuance of additional preferred unit series.

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**Preferred Unit Redemption Procedures**

The redeemable preferred units issued in this offering will be subject to specific redemption terms and procedures as outlined below. These procedures govern how and when preferred shareholders may redeem their shares, as well as the Company's obligations to facilitate redemption under certain conditions.

*Redemption Rights*

Redemption Procedures for Preferred Units

The redemption of Preferred Units shall be governed by the following procedures, which outline the conditions under which the Company may redeem units at its discretion and the process for holders of Preferred Units to request redemptions:

Company-Initiated Redemptions

The Company reserves the right, in its sole discretion, to redeem Preferred Units at any time, provided funds are available for such redemptions without impairing the Company's financial stability or operational capacity.

Key Terms for Company-Initiated Redemptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Redemption Price: Preferred Units will be redeemed at $100 per unit, plus any accrued and unpaid dividends as of the redemption date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Notice to Holders: The Company will provide at least 30 days' written notice to the holders of Preferred Units prior to the redemption date, specifying the number of units to be redeemed and the applicable redemption price.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Payment of Redemption Proceeds: Redemption payments will be made to the holder's account on or before the redemption date specified in the notice.

Holder-Initiated Redemption Requests

Holders of Preferred Units may submit a written request to the Company for the redemption of their units. Such requests will be considered by management, which will determine, in its sole discretion, whether the redemption can be accommodated without placing the Company in financial difficulty.

Redemption Request Process:

Submission of Request: Holders must submit a written redemption request to the Company, specifying he number of units to be redeemed and any relevant contact and payment information.

Management Review: The Company's management will review the request and evaluate whether the redemption can be made without jeopardizing the Company's financial stability.

Notification of Decision: If the redemption request is approved, the Company will notify the holder in writing within 30 days of receipt of the request, specifying the redemption date and terms. If the request is denied, the Company will provide a written explanation for the decision.

Payment of Redemption Proceeds: Approved redemptions will be processed at $100 per unit, plus any accrued and unpaid dividends as of the redemption date. Payments will be made within 30 days of the redemption approval date.

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Limitations on Redemptions

Financial Solvency: The Company is not obligated to redeem any Preferred Units if doing so would place the Company in financial difficulty, as determined solely by management.

Priority of Redemptions: If multiple holders request redemptions, the Company may prioritize requests at its discretion or implement a pro-rata redemption process.

No Obligation for Redemption: The Company is under no obligation to honor redemption requests from holders if management determines that such redemptions are not in the best interest of the Company.

General Terms and Conditions

Amendments to Redemption Procedures: The Company reserves the right to amend these redemption procedures at any time, provided such amendments are consistent with the terms of the Preferred Unit Offering and the Company's Operating Agreement.

Finality of Management's Decision: All decisions made by management regarding redemptions, including the denial of requests, are final and binding.

These redemption procedures are designed to balance the rights of Preferred Unit holders with the Company's need to maintain financial stability and operational flexibility.

*Transferability of Preferred units*

Preferred units are generally **non-transferable**, except under limited circumstances approved by the Company. In the event that a shareholder wishes to transfer their preferred units, the Company must approve the transfer in writing, and the new holder will be subject to the same redemption terms and conditions outlined in this offering.

*Termination of Redemption Rights*

In the event of the Company's dissolution, liquidation, or sale, any outstanding preferred units will be redeemed as part of the final distribution of assets. Preferred shareholders will receive payment at the original issue price, plus accrued dividends, before any distributions are made to common members.

**Common Units (not being offered)**

As of July 18, 2025, we had 300,000 common units outstanding held by two stockholders of record.

**Operating Agreement**

Our Operating Agreement does not require annual meetings of the members. Special meetings of the members may be called at any time by the Manager or at the written request of a majority of the holders of our common units. Holders of Preferred Units are not entitled to call or participate in any meetings.

Amendments to our Operating Agreement must be approved by the affirmative vote of members holding at least a majority of our outstanding common units, voting together as a single class. These voting requirements may increase the difficulty of making amendments to our Operating Agreement that members believe desirable. Holders of Preferred Units are not entitled to make any amendments to our Operating Agreement.

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Our Manager is already in place and may not be removed by holders of our Preferred Units. As our Manager is entitled to appoint and terminate our executives, a function typically reserved for directors, it is difficult for members to change control of our management.

Each Member's liability for the debts and obligations of the Company shall be limited as set forth in Idaho Revised Statutes Chapter 86 and other applicable law.

All distributions, except in the case of dissolution or liquidation, will be in the sole discretion of our management. Our management may elect to continue to reinvest the initial profits, if any, in additional investments. Any such reinvestment would delay the redemption of our Preferred Units and would subject any amounts reinvested to additional risks.

**Individual Preferred Unitholder Action Restricted**

The death or incapacity of any Preferred Unitholder will not entitle such Preferred Unitholder's legal representatives or heirs to claim an accounting or to take any action or proceeding in any court for a partition or winding up of the Company's assets, nor otherwise affect the rights, obligations and liabilities of the parties.

No Preferred Unitholder shall have any right to vote or in any manner otherwise control the operation and management of the Company's assets, or the obligations of the parties thereto, nor shall anything therein set forth, or contained in the terms of the Preferred Units, be construed so as to constitute the Preferred Unitholders from time to time as partners or members of an association; nor shall any Preferred Unitholder be under any liability to any third party by reason of any action taken by the Company.

**No Preferred Unitholder has any right by virtue of any provision of the Operating Agreement to institute any suit, action or proceeding in equity or at law upon or under or with respect to the Preferred Units. The Company has no obligation to institute, conduct or defend any litigation at the request, order or direction of any of the Holders of Preferred Units unless such Holders have offered to the Company reasonable security against the costs, expenses and liabilities which may be incurred therein or hereby. No one or more Preferred Unitholder shall have any right in any manner whatsoever to affect, disturb or prejudice the rights of the Holders of any other of such Preferred Units, or to obtain or seek to obtain priority over or preference to any other such Holder, which priority or preference is not otherwise provided for herein, or to enforce any right of the Company, except with the Company's consent and for the equal, ratable and common benefit of all Preferred Unitholders.**

**Amendments**

The Operating Agreement may be amended from time to time under the following terms and conditions. The Manager has the authority to make amendments to the Operating Agreement without the consent of any Preferred Unitholders when necessary to address specific administrative or technical matters. These include curing any ambiguity within the document, correcting or supplementing provisions that are inconsistent with other provisions or contain errors, or making modifications, eliminations, or additions to facilitate the use of a book-entry registration system for Common or Preferred Units.

Substantive amendments to the Operating Agreement that alter the rights or obligations of Unitholders require consent from the parties involved. Such amendments must be approved by Holders of Common Units representing at least 66 2/3% of the aggregate Percentage Interests of the affected Common Units. This consent is necessary for changes that add new provisions, modify or eliminate existing provisions, or otherwise alter the rights of Holders of either Common or Preferred Units.

However, certain amendments are expressly restricted. No amendment may reduce the amount or delay the timing of payments due on any Preferred Unit without the consent of the Holder of the affected Preferred Unit. Additionally, no amendment may lower the percentage of Preferred Units required for consent to future amendments without the unanimous approval of all outstanding Preferred Unit Holders.

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Upon executing any amendment, the Company will promptly provide a written statement to each Preferred Unitholder detailing the nature of the amendment. While Preferred Unitholders are not required to approve the form of a proposed amendment, their consent to its substantive content is necessary.

The Company reserves the right to decline any amendment to the Operating Agreement that affects its rights, duties, or immunities, though it is not obligated to do so. Furthermore, the costs associated with amendments will generally be borne by the party seeking the amendment. If the Company initiates an amendment in furtherance of the rights and interests of the Common or Preferred Unitholders, the related costs will be treated as a Company expense. These procedures ensure that the Operating Agreement can evolve as needed while safeguarding the rights of all stakeholders.

**Liability of the Company**

The Company is generally not liable in connection with the performance of its duties under the Operating Agreement except for its own negligence or willful misconduct. The Company may become the registered owner of the common or preferred units with the same rights it would have if it were not the Company. The Manager may resign at any time upon giving written notice to the Company and by giving the registered owners of the Preferred Units notice of such resignation by mail. Upon removal or resignation of the Manager, the Company is required to promptly appoint a successor Manager by an instrument in writing.

**Forum Selection Clause Could Limit Legal Remedies**

The Subscription Agreement includes a forum selection clause that requires investors to submit to the exclusive jurisdiction of the state and federal courts located in Idaho for any legal action relating to the Offering or the Preferred Units. This means that investors may be compelled to bring claims in courts located far from their own jurisdictions, which could increase the cost and inconvenience of pursuing legal remedies.

**Jury Trial Waiver May Affect Your Legal Rights**

The Subscription Agreement contains a waiver of the right to a jury trial. By executing the Subscription Agreement, investors knowingly and voluntarily waive their right to a trial by jury in any action or proceeding arising out of or relating to the investment or the Offering. This waiver could limit the legal avenues available to investors in the event of a dispute.

**Fee-Shifting Provision May Deter Legal Actions**

The Subscription Agreement includes a fee-shifting provision under which the prevailing party in any legal proceeding arising out of the Offering or the enforcement of the Subscription Agreement may recover reasonable attorneys' fees and related costs from the non-prevailing party. Specifically:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·To avoid payment of attorneys' fees, a plaintiff must prevail on the majority of material claims in the dispute.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·The provision applies to all investors, including current and former holders of Preferred Units.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·The Company and its directors, officers, and affiliates may seek to recover attorneys' fees under this provision if they are the prevailing party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·The fee-shifting clause applies to transferees, including those who acquire Preferred Units in secondary transactions, if they are bound by the Subscription Agreement.

These provisions may make it more difficult or costly for investors to bring legal claims, particularly those with limited resources.

**Limitations with Respect to Federal Securities Laws**

The forum selection clause, jury trial waiver, and fee-shifting provisions do not apply to claims arising under the Securities Act of 1933 or the Securities Exchange Act of 1934. These provisions do not waive any rights or

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protections afforded under the federal securities laws, and do not limit investors' rights to bring claims under those laws in any competent federal court with appropriate jurisdiction.

**LEGAL MATTERS**

Certain legal matters with respect to the shares of Preferred Units offered hereby will be passed upon by Company Securities Counsel.

**EXPERTS**

None.

**WHERE YOU CAN FIND MORE INFORMATION**

We have filed with the SEC a Regulation A Offering Statement on Form 1-A under the Securities Act with respect to the shares of Preferred Units offered hereby. This Offering Circular, which constitutes a part of the Offering Statement, does not contain all of the information set forth in the Offering Statement or the exhibits and schedules filed therewith. For further information about us and the Preferred Units offered hereby, we refer you to the Offering Statement and the exhibits and schedules filed therewith. Statements contained in this Offering Circular regarding the contents of any contract or other document that is filed as an exhibit to the Offering Statement are not necessarily complete, and each such statement is qualified in all respects by reference to the full text of such contract or other document filed as an exhibit to the Offering Statement. Upon the completion of this offering, we will be required to file periodic reports and other information with the SEC pursuant to Regulation A. You may read and copy this information at the SEC's Public Reference Room, 100 F Street, N.E., Room 1580, Washington, D.C. 20549. You may obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. The SEC also maintains an Internet website that contains reports, proxy statements and other information about issuers, including us, that file electronically with the SEC. The address of this site is www.sec.gov.

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Consolidated Financial Statements

**Stable Towers LLC**

For the period From Inception on October 5, 2023 to December 31, 2023

and

For the Year ended December 31, 2024

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**INDEX TO FINANCIAL STATEMENTS**

**Contents**

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| | |
|:---|:---|
|  | **Page** |
| [Consolidated Balance Sheets](#bs) | F-3 |
| [Consolidated](#sop)[Statements of Operations](#sop) | F-4 |
| [Consolidated](#scm)[Statements of Changes in Members' Equity](#scm) | F-5 |
| [Consolidated](#soc)[Statements of Cash Flows](#soc) | F-6 |
| [Notes to Consolidated Financial Statements](#cfs) | F-7 |

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**Stable Towers LLC**

**Consolidated Balance Sheets**

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| | | |
|:---|:---|:---|
|  | **December 31,** | **December 31,** |
|  | **2024** | **2023** |
| **Assets** |  |  |
| Cash | $1039  | $-  |
| Real estate assets, net | 2662050  | -  |
| **Total assets** | $2663089  | $-  |
| **Liabilities and Members' Capital** |  |  |
| **Liabilities** |  |  |
| Property tax payable | $41411  | $-  |
| Management fee payable | 270  | -  |
| Tenant deposit | 500  | -  |
| Mortgage payable | 1159576  | -  |
| **Total liabilities** | 1201757  | -  |
| **Members' capital** |  |  |
| Contributed capital; 100,000 preferred units authorized | -  | -  |
| Contributed capital; 400,000 common authorized; 300,000 units outstanding | 1529575  | 42112  |
| Accumulated deficit | (68243)  | (42112)  |
| **Total Members' capital (net asset value)** | 1461332  | -  |
| **Total liabilities and members' capital** | $2663089  | $-  |

---

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**Stable Towers LLC**

**Consolidated Statements of Operations**

---

| | | |
|:---|:---|:---|
|  |  | **From Inception** <br>**on October 5,** <br>**2023 to** |
|  | **December 31,** | **December 31,**  |
|  | **2024** | **2023** |
| **Rental revenue** | $4500  | $-  |
| **Expenses** |  |  |
| &nbsp;&nbsp;&nbsp;General and administrative | 15549  | 7377  |
| &nbsp;&nbsp;&nbsp;Professional fees | 12782  | 34735  |
| **Total expenses** | 28331  | 42112  |
| **Operating loss** | (23831)  | (42112)  |
| **Other expense** |  |  |
| &nbsp;&nbsp;&nbsp;Interest expense | (2300)  | -  |
| **Net loss** | $(26131)  | $(42112)  |

---

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**Stable Towers LLC**

**Consolidated Statements of Changes in Members' Equity**

---

| | | |
|:---|:---|:---|
|  |  | **From Inception** <br>**on October 5,** <br>**2023 to** |
|  | **December 31,** | **December 31,**  |
|  | **2024** | **2023** |
| **Decrease in net assets resulting from operations** | $(26131)  | $(42112)  |
| **Net change from capital transactions** |  |  |
| &nbsp;&nbsp;&nbsp;Members' capital contributions | 1487463  | 42112  |
| &nbsp;&nbsp;&nbsp;Members' capital distributions | -  | -  |
| **Net increase in net assets resulting from capital transactions** | 1487463  | 42112  |
| **Total increase in net assets** | 1461332  | -  |
| Net assets - beginning of period | -  | -  |
| **Net assets - end of period** | $1461332  | $-  |

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**Stable Towers LLC**

**Consolidated Statements of Cash Flows**

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| | | |
|:---|:---|:---|
|  |  | **From Inception on October 5, 2023 to** |
|  | **December 31,** | **December 31,**  |
|  | **2022** | **2023** |
| **Cash flows from operating activities:** |  |  |
| &nbsp;&nbsp;&nbsp;Decrease in net assets resulting from operations | $(26131)  | $(42112)  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adjustments to reconcile net increase in net assets resulting from |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;operations to net cash provided by operating activities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Depreciation | 1214  | -  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Changes in operating assets and liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Property tax payable | 9650  | -  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Management fee payable | 270  | -  |
| **Net change in cash from operating activities** | (14997)  | (42112)  |
| **Cash flows from financing activities:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payments on notes payable | (12040)  | -  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Partners' capital contributions | 28076  | 42112  |
| **Net change in cash from financing activities** | 16036  | 42112  |
| **Net increase in cash and restricted cash** | 1039  | -  |
| Cash and restricted cash - beginning of period | -  | -  |
| Cash and restricted cash - end of period | $1039  | $-  |
| **Supplemental disclosure of cash flow information:** |  |  |
| &nbsp;&nbsp;&nbsp;Cash paid during year for interest | $12298  | $-  |
| **Non-cash investing and financing activities:** |  |  |
| &nbsp;&nbsp;&nbsp;Real estate assets contributed by related party | $2663264  | $-  |
| &nbsp;&nbsp;&nbsp;Liabilities assumed in related party real estate contribution | $1198879  | $-  |

---

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**Stable Towers LLC**

**Notes to Consolidated Financial Statements**

**NOTE 1 - NATURE OF OPERATIONS**

Stable Towers LLC ("Company") is an Idaho Limited Liability Company organized in October 2023. The Company has 300,000 common membership units authorized and outstanding; 100,000 preferred units authorized at $100 per unit none of which are outstanding at December 31, 2024 or June 30, 2023.

The Company is focused on investing in a focused portfolio of a mix of distressed single-family and multi-family real estate assets in several states. The Company believes there is an opportunity to invest in these properties, stabilize/rehabilitate them, rent them, and exit when advantageous. The Company will focus on these principal strategies:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Engage in real estate purchases of a mix of distressed single-family and multi-family properties at below market valuations in small to medium sized cities, with growing populations in business-friendly states.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Engage in the renovation of these undervalued distressed single-family and multi-family real estate assets for rental purposes.

The McNabb Family ("McNabbs"), holders of all the outstanding common membership units of the Company, serve as the Company's Manager. The Manager is entitled to receive a monthly fee equal to 6% of the monthly rents from the Company's real estate investments and to be reimbursed for expenses incurred.

**NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

**Basis of Accounting**

The financial records of the Company are maintained on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America ("US GAAP").

**Use of Estimates**

The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities in the consolidated financial statements and accompanying notes. The Company bases these estimates on historical experience and on various other assumptions that it believes are reasonable under the circumstances, the results of which form the basis for making judgments about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ significantly from those estimates.

**Cash and Cash Equivalents**

Cash and cash equivalents are comprised of cash and highly liquid investments with original maturities of 90 days or less at the date of purchase. The Company did not have any cash equivalents as of December 31, 2024 and 2023.

**Principles of Consolidation**

The accompanying consolidated financial statements include the accounts of the Company's wholly owned subsidiary, Figure 8 LLC. All inter-company transactions are eliminated upon consolidation.

------

**Real Estate**

Real estate and associated costs incurred to place and keep the real estate in service are recorded at cost and depreciated using the straight-line method over their estimated useful lives of thirty years. Expenditures for renewals and improvements that significantly add to the productive capacity or extend the useful life of an asset are capitalized. Expenditures for maintenance and repairs are charged to expense.

**Impairment of Long-Lived Real Estate Assets**

The Company reviews long-lived real estate assets for potential impairment annually and when events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. In the event the expected undiscounted future cash flows resulting from the use of the asset is less than the carrying amount of the asset, an impairment loss is recorded equal to the excess of the asset's carrying value over its fair value.

**Revenue Recognition**

The Company intends to lease its residential real estate properties to customers under agreements that are classified as operating leases. The Company will recognize the total minimum lease payments provided for under the leases on a straight-line basis over the lease term. Generally, under the terms of the Company's intended leases, the majority of rental expenses will be recovered from tenants, including real estate taxes, interest and insurance. Rental expenses recovered through reimbursements received from customers will be recognized in Rental Revenue in the consolidated statements of operations. The Company will account for and present rental revenue and rental expense reimbursements as a single component under Rental Revenues as the timing of recognition is the same, the pattern with which transfer of the right of use of the property and related services to the tenant are both on a straight-line basis and the Company's leases are intended to qualify as operating leases. The Company will perform credit analyses of its tenants prior to the execution of leases and continue these analyses for each individual lease on an ongoing basis to ensure the collectability of rental revenue. The Company will recognize revenue to the extent that amounts are determined to be collectible.

**Realized Gains on Real Estate Transactions**

The Company will recognize gains on the disposition of real estate when control transfers to the buyer, generally when consideration and title are exchanged and the risks and rewards of ownership transfer. The Company will recognize gains and losses from the disposition of real estate when known.

**Rental Expenses**

Rental expenses principally will include the cost of the Company's property management and leasing personnel, utilities, repairs and maintenance, property insurance, real estate taxes and the other costs of managing real estate properties.

**Fair Value Measurements**

U.S. generally accepted accounting principles define fair value as the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date, and also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs, where available. The three-level hierarchy of valuation techniques established to measure fair value is defined as follows:

*Level 1 -* Quoted prices in active markets for identical assets or liabilities.

------

*Level 2 -* Observable inputs, other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.

*Level 3 -* Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

Whenever possible, the Company will be required to use observable market inputs (Level 1 - quoted market prices) when measuring fair value.

**Income Taxes**

As a limited liability company, the Company is not subject to income tax. The members separately account for their pro-rata share of the Company's items of income, deductions, losses, and credits on their personal income tax returns. Therefore, no provision is made in the accompanying financial statements for liabilities for income taxes since such liabilities are the responsibility of the members.

Accounting standards prescribe a recognition threshold and measurement process for accounting for uncertain tax positions and provides guidance on various related matters such as derecognition, interest, penalties, and disclosures required. The Company does not have any entity level uncertain tax positions. The Company files income tax returns in the U.S. federal jurisdiction and may be subject to several state jurisdictions. Generally, the Company is subject to examination by the U.S. federal income tax authority for three years from the filing of a tax return.

**Redemption of Membership Units**

Investments are generally held in the Company for an indefinite period. Once a member has been in the fund for twelve months, the member has the right to redeem interests, however, such redemptions are subject to the available liquidity of the Fund. There is no public market for membership interests. Redemptions are made in an amount equal to the net asset value represented by the interests to be redeemed.

**Distributions to Members**

The Manager intends distribute the Company's net profits by the end of the first month following each calendar quarter to Members based upon the Member's pro-rated portion of the Company's Net Asset Value, which will be calculated monthly. The potential distributions can be made to the extent cash is available and provided that the distribution will not negatively impact the continuing operations of the Company.

**Going Concern**

The Company has yet to commence its principal operations and has been solely funded by the McNabbs. The Company will require additional funding to finance the growth of its future operations as well as to achieve its strategic objectives. This raises substantial doubt about the Company's ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company's ability to raise additional capital and generate revenue. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

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**NOTE 3 – REAL ESTATE, NET**

Real estate consists of the following:

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| | | |
|:---|:---|:---|
|  | **December 31, 2024** | **December 31, 2023** |
| Commercial building | $2438590 | $– |
| Single family residence | 145729 | – |
| Land | 78945 | – |
| Less accumulated depreciation | (1214) | – |
| Real estate assets, net | $2662050 | $– |

---

The Company has not placed its commercial building in service as of December 31, 2024. When placed in service, the Company expects the commercial building to consist of 70 separate rentable units with approximately half being studio apartments and the other half being one-bedroom apartments. The Company recognized depreciation expense totaling $1,214 and $0 for the year ended December 31, 2024 and the period from inception through December 31, 2023, respectively.

**NOTE 4 – RELATED PARTY TRANSACTIONS** 

The McNabbs and/or entities they control currently hold 100% of the ownership and voting rights of the Company.

During the period from inception on October 5, 2023 through December 31, 2023, the McNabbs made capital contributions of $42,112, in the form of cash, to pay the Company's operating expenses incurred during the period.

During the year ended December 31, 2024, the McNabbs and entities they control made capital contributions of $28,076, in the form of cash, to pay the Company's operating expenses incurred during the period.

On September 30, 2024, the Company issued the McNabbs 300,000 common units in exchange for real estate assets consisting of a commercial building, a single residence, and land located in Twin Falls, ID. The transaction was accounted for as an asset acquisition between entities under common control. On the date of the acquisition the real estate assets had a cost basis of $2,523,050. The Company also assumed mortgage payable and related real estate liabilities totaling $1,198,879.

In October 2024 the Company engaged RS Construction and SC Property Management, entities controlled by the McNabbs, to provide improvement, construction, and construction management services on behalf of the Company. During the year ended December 31, 2024, RS Construction and SC Property Management provided a total of $144,309 in capital contributions of which $140,214 were capitalized real estate improvements. Both RS Construction and SC Property Management have agreed forego to reimbursement of the costs incurred until such time as the Company achieves financial stability.

------

**NOTE 5 – MORTGAGE PAYABLE**

On December 31, 2024, the Company had an outstanding mortgage payable totaling $1,159,576 secured by all of the Company's real estate assets. The mortgage payable has an interest rate of 6.23% per annum and matures on May 1, 2032.

The principal balance on the Company's outstanding mortgage payable as of December 31, 2024 is payable as follows:

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| | |
|:---|:---|
| 2025 | $48847 |
| 2026 | 51961 |
| 2027 | 55293 |
| 2028 | 58660 |
| 2029 | 62232 |
| Thereafter | 882583 |
| Total | $1159576 |

---

**NOTE 6 – MEMBERSHIP UNITS**

Common Units

As of December 31, 2024, the Company had 300,000 common units issued and outstanding all owned by the McNabbs. The common units hold 100% of the voting control and may receive declared dividends, if any, subject to complete payment of the cumulative preferred dividends payable.

Preferred Units

The Company has designated 100,000 units as preferred units. The preferred units do not have any voting rights. The holders of the preferred units are entitled to receive dividends on a cumulative basis at a rate of 7% per annum beginning 30 days subsequent to the date of issuance.

In the event of a liquidation, holders of the preferred units are entitled to receive the assets and funds legally available for distribution prior to the common unit holders.

The Company has the sole discretion over the redemption, whether initiated by the holder or the Company, of the preferred units at a rate of $100 per unit plus all accrued and unpaid dividends.

As of December 31, 2024 there were no preferred units issued and outstanding.

**NOTE 7 - SUBSEQUENT EVENTS**

The Company evaluated its financial statements for subsequent events through April 30, 2025, the date these financial statements were available to be issued and did not identify any significant transactions for additional disclosure.

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**PART III – EXHIBITS**

**INDEX TO EXHIBITS**

The documents listed in the Exhibit Index of this report are incorporated by reference or are filed with this report, in each case as indicated below.

---

| | |
|:---|:---|
| &nbsp;&nbsp;Exhibit No. | &nbsp;&nbsp;Exhibit Description |
| &nbsp;&nbsp;2.1 | &nbsp;&nbsp;[Certificate of Organization](http://www.sec.gov/Archives/edgar/data/2056297/000109690625000909/stbl_ex2z1.htm) |
| &nbsp;&nbsp;2.2 | &nbsp;&nbsp;[Operating Agreement](http://www.sec.gov/Archives/edgar/data/2056297/000109690625000909/stbl_ex2z2.htm) |
| &nbsp;&nbsp;4.1 | &nbsp;&nbsp;[Form of Subscription Agreement](stbl_ex4z1.htm) |
| &nbsp;&nbsp;12.1 | &nbsp;&nbsp;Legal Opinion\*\* |
| &nbsp;&nbsp;\*\* | &nbsp;&nbsp; To be filed by amendment |

---

------

**SIGNATURES**

Pursuant to the requirements of Regulation A, the issuer certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form 1-A and has duly caused this offering statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Pocatello, State of Idaho, on July 18, 2025.

---

| |
|:---|
| **Stable Towers LLC** |
| /s/ Gerald McNabb |
| Gerald McNabb |
| Chief Executive Officer (Principal Executive Officer) |
| Date: July 18, 2025 |

---

This offering statement has been signed by the following persons in the capacities and on the dates indicated.

---

| | | | |
|:---|:---|:---|:---|
| Signature | Name | Title | Date |
| /s/ Gerald McNabb | Gerald McNabb | Chief Executive Officer <br> (Principal Executive Officer) | July 18, 2025 |
| /s/ Millie McNabb | Millie McNabb | Operations Manager <br> (Principal Financial and Accounting Officer) | July 18, 2025 |

---

*Note: Stable Towers LLC is managed by its members. It does not have a traditional board of directors, but the above signatories must cover the required roles.*

This offering statement has been signed by the following persons in the capacities and on the dates indicated.

------

## Ex1A-4

**Exhibit 4.1**

**STABLE TOWERS LLC**

**SUBSCRIPTION AGREEMENT**

**NOTICE TO INVESTORS**

**THIS INVESTMENT INVOLVES A HIGH DEGREE OF RISK. THIS INVESTMENT IS SUITABLE ONLY FOR PERSONS WHO CAN BEAR THE ECONOMIC RISK FOR AN INDEFINITE PERIOD OF TIME AND WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT. FURTHERMORE, INVESTORS MUST UNDERSTAND THAT SUCH INVESTMENT IS ILLIQUID AND IS EXPECTED TO CONTINUE TO BE ILLIQUID FOR AN INDEFINITE PERIOD OF TIME. NO PUBLIC MARKET EXISTS FOR THE SECURITIES.**

**THE SECURITIES OFFERED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "*SECURITIES ACT*"), OR ANY STATE SECURITIES OR BLUE SKY LAWS AND ARE BEING OFFERED AND SOLD IN RELIANCE ON EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND STATE SECURITIES OR BLUE SKY LAWS. ALTHOUGH AN OFFERING STATEMENT HAS BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION (THE "*SEC*"), THAT OFFERING STATEMENT DOES NOT INCLUDE THE SAME INFORMATION THAT WOULD BE INCLUDED IN A REGISTRATION STATEMENT UNDER THE ACT. THE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SEC, ANY STATE SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY, NOR HAVE ANY OF THE FOREGOING AUTHORITIES PASSED UPON THE MERITS OF THIS OFFERING OR THE ADEQUACY OR ACCURACY OF THE SUBSCRIPTION AGREEMENT OR ANY OTHER MATERIALS OR INFORMATION MADE AVAILABLE TO PROSPECTIVE INVESTOR IN CONNECTION WITH THIS OFFERING. ANY REPRESENTATION TO THE CONTRARY IS UNLAWFUL.**

**THE SECURITIES CANNOT BE SOLD OR OTHERWISE TRANSFERRED EXCEPT IN COMPLIANCE WITH THE SECURITIES ACT. IN ADDITION, THE SECURITIES CANNOT BE SOLD OR OTHERWISE TRANSFERRED EXCEPT IN COMPLIANCE WITH APPLICABLE STATE SECURITIES OR "*BLUE SKY*" LAWS. THE COMPANY IS RELYING ON THE REPRESENTATIONS AND WARRANTIES SET FORTH BY EACH INVESTOR IN THIS SUBSCRIPTION AGREEMENT AND THE OTHER INFORMATION PROVIDED BY INVESTOR IN CONNECTION WITH THIS OFFERING TO DETERMINE THE APPLICABILITY TO THIS OFFERING OF EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.**

**PROSPECTIVE INVESTORS MAY NOT TREAT THE CONTENTS OF THE SUBSCRIPTION AGREEMENT, THE OFFERING CIRCULAR OR ANY OF THE OTHER MATERIALS PROVIDED BY THE COMPANY (COLLECTIVELY, THE "*OFFERING MATERIALS*"), OR ANY PRIOR OR SUBSEQUENT COMMUNICATIONS FROM THE COMPANY OR ANY OF ITS OFFICERS, EMPLOYEES OR AGENTS (INCLUDING "*TESTING THE WATERS*" MATERIALS) AS INVESTMENT, LEGAL OR TAX ADVICE. IN MAKING AN INVESTMENT DECISION, INVESTORS MUST RELY ON THEIR OWN EXAMINATION OF THE COMPANY AND THE TERMS OF THIS OFFERING, INCLUDING THE MERITS AND THE RISKS INVOLVED. EACH PROSPECTIVE INVESTOR SHOULD CONSULT THE INVESTOR'S OWN COUNSEL, ACCOUNTANTS AND OTHER PROFESSIONAL ADVISORS AS TO INVESTMENT, LEGAL, TAX AND OTHER RELATED MATTERS CONCERNING THE INVESTOR'S PROPOSED INVESTMENT.**

------

**THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY'S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS "*ESTIMATE*," "*PROJECT*," "*BELIEVE*," "*ANTICIPAT*E," "*INTEND*," "*EXPECT*" AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT'S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY'S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.**

**SUBSCRIPTION AGREEMENT**

This subscription agreement (this "**Subscription Agreement**" or the "**Agreement**") is entered into by and between **STABLE TOWERS LLC**, an Idaho limited liability company (hereinafter the "**Company**") and the undersigned (hereinafter the "**Investor**") as of the date set forth on the signature page hereto. Any term used but not defined herein shall have the meaning set forth in the Offering Circular (as defined below).

**RECITALS**

**WHEREAS**, the Company desires to offer Preferred Units (the "**Preferred Units**") on a "*best efforts*" basis pursuant to Regulation A of Section 3(6) of the Securities Act of 1933, as amended (the "**Securities Act**"), pursuant to a Tier 1 offering (the "**Offering"**), at a purchase price of $100.00 per share (the **"Per Unit Purchase Price**"), for total gross proceeds of up to $10,000,000 (the "**Maximum Offering**"); and

**WHEREAS**, the Investor desires to acquire that number of Preferred Units of Common Stock (the "**Preferred Units**") as set forth on the signature page hereto at the purchase price set forth herein; and

**WHEREAS**, the Offering will terminate on the first to occur of: (i) one year from the date of the Offering Circular as filed with the US Securities and Exchange Commission; or (ii) the date on which the Maximum Offering is sold (in either case, the "**Termination Date**").

**NOW, THEREFORE**, for and in consideration of the premises and the mutual covenants hereinafter set forth, the parties hereto do hereby agree as follows:

**1.** **Subscription**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp; The Investor hereby irrevocably subscribes for and agrees to purchase the number of Preferred Units set forth on the signature page hereto at the Per Unit Purchase Price, upon the terms and conditions set forth herein. The aggregate purchase price for the Preferred Units with respect to each Investor (the "**Purchase Price**") is payable in the manner provided in ***Section 2(a)*** below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp; Investor understands that the Preferred Units are being offered pursuant to the Form 1-A Regulation A Offering Circular dated [ ], 2025 and its exhibits as filed with and qualified by the Securities and Exchange Commission (the "**SEC**") on [ ], 2025 (collectively, the "**Offering Circular**"). The Company will accept tenders of funds to purchase the Preferred Units. The Company will close on investments on a "*rolling basis*," pursuant to the terms of the Offering Circular. As a result, not all investors will receive their Preferred Units on the same date.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) This subscription may be accepted or rejected in whole or in part, for any reason or for no reason, at any time prior to the Termination Date, by the Company at its sole and absolute discretion. In addition, the Company, at its sole and absolute discretion, may allocate to Investor only a portion of the number of the Preferred Units that Investor has subscribed for hereunder. The Company will notify Investor whether this subscription is accepted (whether in whole or in part) or rejected. If Investor's subscription is rejected, Investor's payment (or portion thereof if partially rejected) will be returned to Investor without interest and all of Investor's obligations hereunder shall terminate. In the event of rejection of this subscription in its entirety, or in the event the sale of the Preferred Units (or any portion thereof) to an Investor is not consummated for any reason, this Subscription Agreement shall have no force or effect, except for ***Section 5*** hereof, which shall remain in full force and effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) The terms of this Subscription Agreement shall be binding upon Investor and its permitted transferees, heirs, successors and assigns (collectively, the "**Transferees**"); provided, however, that for any such transfer to be deemed effective, the Transferee shall have executed and delivered to the Company in advance an instrument in form acceptable to the Company in its sole discretion, pursuant to which the proposed Transferee shall acknowledge and agree to be bound by the representations and warranties of Investor and the terms of this Subscription Agreement. No transfer of this Agreement may be made without the consent of the Company, which may be withheld in its sole and absolute discretion.

**2.** **Payment and Purchase Procedure**. The Purchase Price shall be paid simultaneously with Investor's subscription. Investor shall deliver payment for the aggregate purchase price of the Preferred Units by check, credit card, ACH deposit or by wire transfer to an account designated by the Company in ***Section 8*** below. The Investor acknowledges that, to subscribe for Preferred Units, he must fully comply with the purchase procedure requirements set forth in ***Section 8*** below.

**3.** **Representations and Warranties of the Company**. The Company represents and warrants to Investor that the following representations and warranties are true and complete in all material respects as of the date of each Closing: (a) the Company is a limited liability company duly formed, validly existing and in good standing under the laws of the State of Idaho. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, the Preferred Units and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business; (b) the issuance, sale and delivery of the Preferred Units in accordance with this Subscription Agreement have been duly authorized by all necessary corporate actions on the part of the Company. The Preferred Units, when issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable; (c) the acceptance by the Company of this Subscription Agreement and the consummation of the transactions contemplated hereby are within the Company's powers and have been duly authorized by all necessary corporate actions on the part of the Company. Upon the Company's acceptance of this Subscription Agreement, this Subscription Agreement shall constitute a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium, and other laws of general application affecting enforcement of creditors' rights generally, (ii) as limited by laws relating to the availability of specific performance, injunctive relief, or other equitable remedies and (iii) with respect to provisions relating to indemnification and contribution, as limited by the Company's certificate of organization, operating agreement and the Idaho Uniform Limited Liability Company Act in general.

**4.** **Representations and Warranties of Investor**. By subscribing to the Offering, Investor (and, if Investor is purchasing the Preferred Units subscribed for hereby in a fiduciary capacity, the person or persons for whom Investor is so purchasing) represents and warrants, which representations and warranties are true and complete in all material respects, as of the date of each Closing:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) ***Requisite Power and Authority***. Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement and to carry out the provisions thereof. All actions on Investor's part required for the lawful subscription to the offering have been or will be effectively taken prior to the Closing. Upon subscribing to the Offering, this Subscription Agreement will be a valid and binding obligation of Investor, enforceable in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors' rights and (ii) as limited by general principles of equity that restrict the availability of equitable remedies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ***Company Offering Circular***. Investor acknowledges the public availability of the Company's Offering Circular which can be viewed on the SEC Edgar Database, under the CIK number _____________. This Offering Circular is made available in the Company's qualified offering statement on SEC Form 1-A, as amended, and was qualified by the SEC on [ ], 2025. In the Company's Offering Circular, it makes clear the terms and conditions of the offering of Preferred Units and the risks associated therewith are described. Investor has had an opportunity to discuss the Company's business, management and financial affairs with directors, officers and management of the Company and has had the opportunity to review the Company's operations and facilities. Investor has also had the opportunity to ask questions of and receive answers from the Company and its management regarding the terms and conditions of this investment. Investor acknowledges that except as set forth herein, no representations or warranties have been made to Investor, or to Investor's advisors or representative, by the Company or others with respect to the business or prospects of the Company or its financial condition.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) ***Investment Experience; Investor Determination of Suitability***. Investor has sufficient experience in financial and business matters to be capable of utilizing such information to evaluate the merits and risks of Investor's investment in the Preferred Units, and to make an informed decision relating thereto. Alternatively, the Investor has utilized the services of a purchaser representative and together they have sufficient experience in financial and business matters that they can utilize such information to evaluate the merits and risks of Investor's investment in the Preferred Units, and to make an informed decision relating thereto. Investor has evaluated the risks of an investment in the Preferred Units, including those described in the section of the Offering Circular entitled "*Risk Factors*," and has determined that the investment is suitable for Investor. Investor has adequate financial resources for an investment of this character. Investor could bear a complete loss of Investor's investment in the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) ***No Registration***. Investor understands that the Preferred Units are not being registered under the Securities Act on the ground that the issuance is exempt under Regulation A of Section 3(b) of the Securities Act, and that reliance on such exemption is predicated in part on the truth and accuracy of Investor's representations and warranties, and those of the other purchasers of the Preferred Units, in the offering. Investor further understands that, at present, the Company is offering the Preferred Units solely by members of its management. However, the Company reserves the right to engage the services of a broker/dealer who is registered with the Financial Industry Regulatory Authority ("**FINRA**"). Accordingly, until such FINRA registered broker/dealer has been engaged as a placement or selling agent, the Preferred Units may not be "*covered securities*" under the National Securities Market Improvement Act of 1996, and the Company may be required to register or qualify the Preferred Units under the securities laws of those states in which the Company intends to offer the Preferred Units. If Preferred Units are so registered or qualified, the Company will notify the Investor and all prospective purchasers of the Preferred Units as to those states in which the Company is permitted to offer and sell the Preferred Units. In the event that the Company engages a FINRA registered broker/dealer as placement or selling agent, and FINRA approves the compensation of such broker/dealer, then the Preferred Units will no longer be required to be registered under state securities laws on the basis that the issuance thereof is exempt as an offer and sale not involving a registrable public offering in such state, as the Preferred Units will be "*covered securities*" under the National Securities Market Improvement Act of 1996. The Investor covenants not to sell, transfer or otherwise dispose of any Preferred Units unless such Preferred Units have been registered under the applicable state securities laws in which the Preferred Units are sold, or unless exemptions from such registration requirements are otherwise available.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) ***Illiquidity and Continued Economic Risk***. Investor acknowledges and agrees that there is no ready public market for the Preferred Units and that there is no guarantee that a market for their resale will ever exist. The Company has no obligation to list any of the Preferred Units on any market or take any steps (including registration under the Securities Act or the Securities Exchange Act of 1934, as amended) with respect to facilitating trading or resale of the Preferred Units. Investor must bear the economic risk of this investment indefinitely and Investor acknowledges that Investor is able to bear the economic risk of losing Investor's entire investment in the Preferred Units.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) ****reserved.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) ***Stockholder Information***. Within five (5) days after receipt of a request from the Company, Investor hereby agrees to provide such information with respect to its status as a stockholder (or potential stockholder) and to execute and deliver such documents as may reasonably be necessary to comply with any and all laws and regulations to which the Company is or may become subject. Investor further agrees that in the event it transfers any Preferred Units, it will require the transferee of such Preferred Units to agree to provide such information to the Company as a condition of such transfer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) ***Valuation; Arbitrary Determination of Per Unit Purchase Price by the Company***. Investor acknowledges that the Per Unit Purchase Price of the Preferred Units to be sold in this offering was set by the Company on the basis of the Company's internal valuation and no warranties are made as to value. Investor further acknowledges that future offerings of securities of the Company may be made at lower valuations, with the result that Investor's investment will bear a lower valuation.

(i) ***Domicile***. Investor maintains Investor's domicile (and is not a transient or temporary resident) at the address provided with Investors subscription.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) ***Foreign Investors***. If Investor is not a United States person (as defined by Section 7701(a)(30) of the Internal Revenue Code of 1986, as amended), Investor hereby represents that it has satisfied itself as to the full observance of the laws of its jurisdiction in connection with any invitation to subscribe for the Preferred Units or any use of this Subscription Agreement, including (i) the legal requirements within its jurisdiction for the purchase of the Preferred Units, (ii) any foreign exchange restrictions applicable to such purchase, (iii) any governmental or other consents that may need to be obtained, and (iv) the income tax and other tax consequences, if any, that may be relevant to the purchase, holding, redemption, sale, or transfer of the Preferred Units. Investor's subscription and payment for and continued beneficial ownership of the Preferred Units will not violate any applicable securities or other laws of Investor's jurisdiction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) ***Fiduciary Capacity***. If Investor is purchasing the Preferred Units in a fiduciary capacity for another person or entity, including without limitation a corporation, partnership, trust or any other entity, the Investor has been duly authorized and empowered to execute this Agreement and all other subscription documents. Upon request of the Company, Investor will provide true, complete and current copies of all relevant documents creating the Investor, authorizing its investment in the Company and/or evidencing the satisfaction of the foregoing.

**5.** **Indemnity**. The representations, warranties and covenants made by Investor herein shall survive the closing of this Subscription Agreement. Investor agrees to indemnify and hold harmless the Company and its respective officers, directors and affiliates, and each other person, if any, who controls the Company within the meaning of Section 15 of the Securities Act against any and all loss, liability, claim, damage and expense whatsoever (including, but not limited to, any and all reasonable attorneys' fees, including attorneys' fees on appeal) and expenses reasonably incurred in investigating, preparing or defending against any false representation or warranty or breach of failure by Investor to comply with any covenant or agreement made by Investor herein or in any other document furnished by Investor to any of the foregoing in connection with this transaction.

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**6.** **Governing Law; Jurisdiction; Waiver of Jury Trial**. All questions concerning the construction, validity, enforcement and interpretation of the Offering Circular, including, without limitation, this Subscription Agreement, shall be governed by and construed and enforced in accordance with the internal laws of the State of Idaho, without regard to the principles of conflicts of law thereof. Each party agrees that all legal proceedings concerning the interpretations, enforcement and defense of the transactions contemplated by this Subscription Agreement and any documents included within the Offering Circular (whether brought against a party hereto or its respective affiliates, directors, officers, shareholders, partners, members, employees or agents) shall be commenced exclusively in the state and federal courts sitting in Idaho. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in Idaho for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein (including with respect to the enforcement of any of the documents included within the Offering Circular), and hereby irrevocably waives, and agrees not to assert in any action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such action or proceeding is improper or is an inconvenient venue for such proceeding. Each party hereby irrevocably waives personal service of process and consents to process being served in any such action or proceeding by mailing a copy thereof via registered or certified mail or overnight delivery (with evidence of delivery) to such party at the address in effect for notices to it under this Subscription Agreement and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any other manner permitted by law. If any party hereto shall commence an action or proceeding to enforce any provisions of the documents included within the Offering Circular, then the prevailing party in such action or proceeding shall be reimbursed by the non-prevailing party for its reasonable attorneys' fees and other costs and expenses incurred with the investigation, preparation and prosecution of such action or proceeding.

**This choice of forum provision does not preclude or contract the scope of exclusive federal or concurrent jurisdiction for any actions brought under the Securities Act or the Exchange Act and does not apply to claims arising under the federal securities laws. Accordingly, our exclusive forum provision will not relieve us of our duties to comply with the federal securities laws and the rules and regulations thereunder, and you cannot waive our compliance with these laws, rules, and regulations.**

IN ANY ACTION, SUIT, OR PROCEEDING IN ANY JURISDICTION BROUGHT BY ANY PARTY AGAINST ANY OTHER PARTY, THE PARTIES EACH KNOWINGLY AND INTENTIONALLY, TO THE GREATEST EXTENT PERMITTED BY APPLICABLE LAW, HEREBY ABSOLUTELY, UNCONDITIONALLY, IRREVOCABLY AND EXPRESSLY WAIVES FOREVER TRIAL BY JURY.

**This Waiver of Jury Trial does not waive compliance with federal securities laws and the rules and regulations promulgated thereunder. Accordingly, this Jury Trial Waiver provision will not relieve us of our duties to comply with the federal securities laws and the rules and regulations thereunder, and you cannot waive our compliance with these laws, rules, and regulations.**

6.1 **Fee-Shifting Provision**. In any legal proceeding arising out of or relating to this Subscription Agreement or the Offering, the prevailing party shall be entitled to recover from the non-prevailing party all reasonable attorneys' fees, court costs, and expenses incurred in connection with such action. For purposes of this Section, the "prevailing party" is the party that prevails on the majority of material claims asserted. This provision applies to all investors, including current, former, and transferee holders of Preferred Units, provided they are bound by this Agreement. This Section does not apply to claims arising under the Securities Act of 1933 or the Securities Exchange Act of 1934.

**7.** **Notices**. Notice, requests, demands and other communications relating to this Subscription Agreement and the transactions contemplated herein shall be in writing and shall be deemed to have been duly given if and when (a) delivered personally, on the date of such delivery; or (b) mailed by registered or certified mail, postage prepaid, return receipt requested, in the third day after the posting thereof; or (c) emailed on the date of such delivery to the address of the respective parties as follows, *if to the Company, to* STABLE TOWERS LLC, 14053 West Tyhee Road, Pocatello, Idaho 83202, Attention: Gerald McNabb Chief Executive Officer. If to Investor, at Investor's address supplied in connection with this subscription, or to such other address as may be specified by written notice from time to time by the party entitled to receive such notice. Any notices, requests, demands or other communications by email shall be confirmed by letter given in accordance with (a) or (b) above.

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**8.** **Purchase Procedure**. The Investor acknowledges that, in order to subscribe for Preferred Units, he must, and he does hereby, deliver to the Company: (a) a fully completed and executed counterpart of the Signature Page attached to this Subscription Agreement; and (b) payment for the aggregate Purchase Price in the amount set forth on the Signature Page attached to this Agreement. Payment may be made by either check, wire, credit card or ACH deposits.

Please send checks to the Company.

**STABLE TOWERS LLC**

**14053 West Tyhee Road**

**Pocatello, Idaho 83202**

Wire instructions:

U.S. Bank

855 Yellowstone Avenue

Pocatello, Idaho 83201

ABA # XXXXXXXXX<br>Account# XXXXXXXXXXXX

For the benefit of: STABLE TOWERS LLC

**9.** **Miscellaneous**. All pronouns and any variations thereof shall be deemed to refer to the masculine, feminine, neuter, singular or plural, as the identity of the person or persons or entity or entities may require. Other than as set forth herein, this Subscription Agreement is not transferable or assignable by Investor. The representations, warranties and agreements contained herein shall be deemed to be made by and be binding upon Investor and its heirs, executors, administrators and successors and shall inure to the benefit of the Company and its successors and assigns. None of the provisions of this Subscription Agreement may be waived, changed or terminated orally or otherwise, except as specifically set forth herein or except by a writing signed by the Company and Investor. In the event any part of this Subscription Agreement is found to be void or unenforceable, the remaining provisions are intended to be separable and binding with the same effect as if the void or unenforceable part were never the subject of agreement. The invalidity, illegality or unenforceability of one or more of the provisions of this Subscription Agreement in any jurisdiction shall not affect the validity, legality or enforceability of the remainder of this Subscription Agreement in such jurisdiction or the validity, legality or enforceability of this Subscription Agreement, including any such provision, in any other jurisdiction, it being intended that all rights and obligations of the parties hereunder shall be enforceable to the fullest extent permitted by law. This Subscription Agreement supersedes all prior discussions and agreements between the parties, if any, with respect to the subject matter hereof and contains the sole and entire agreement between the parties hereto with respect to the subject matter hereof. The terms and provisions of this Subscription Agreement are intended solely for the benefit of each party hereto and their respective successors and assigns, and it is not the intention of the parties to confer, and no provision hereof shall confer, third-party beneficiary rights upon any other person. The headings used in this Subscription Agreement have been inserted for convenience of reference only and do not define or limit the provisions hereof. In the event that either party hereto shall commence any suit, action or other proceeding to interpret this Subscription Agreement, or determine to enforce any right or obligation created hereby, then such party, if it prevails in such action, shall recover its reasonable costs and expenses incurred in connection therewith, including, but not limited to, reasonable attorney's fees and expenses and costs of appeal, if any. All notices and communications to be given or otherwise made to Investor shall be deemed to be sufficient if sent by e-mail to such address provided by Investor on the signature page of this Subscription Agreement. Unless otherwise specified in this Subscription Agreement, Investor shall send all notices or other communications required to be given hereunder to the Company by email to geraldjmcnabb@gmail.com followed by a copy via FedEx or other national overnight courier service. Any such notice or communication shall be deemed to have been delivered and received on the first business day following that on which the e-mail has been sent (assuming that there is no error in delivery). As used in this ***Section 9***, the term "*business day*" shall mean any day other than a day on which banking institutions in the State of Idaho are legally closed for business. This Subscription Agreement may be executed in one or more

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counterparts. No failure or delay by any party in exercising any right, power or privilege under this Subscription Agreement shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege. The rights and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided by law.

**10.** **Consent to Electronic Delivery of Notices, Disclosures and Forms**. Investor understands that, to the fullest extent permitted by law, any notices, disclosures, forms, privacy statements, reports or other communications (collectively, "**Communications**") regarding the Company, the Investor's investment in the Company and the Preferred Units of Common Stock (including annual and other updates and tax documents) may be delivered by electronic means, such as by e-mail. Investor hereby consents to electronic delivery as described in the preceding sentence. In so consenting, Investor acknowledges that e-mail messages are not secure and may contain computer viruses or other defects, may not be accurately replicated on other systems or may be intercepted, deleted or interfered with, with or without the knowledge of the sender or the intended recipient.

[THIS SPACE IS INTENTIONALLY LEFT BLANK]

[SIGNATURE PAGE TO FOLLOW]

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**INVESTOR CERTIFIES THAT HE HAS READ THIS ENTIRE SUBSCRIPTION AGREEMENT AND THAT EVERY STATEMENT MADE BY THE INVESTOR HEREIN IS TRUE AND COMPLETE.**

**THE COMPANY MAY NOT BE OFFERING THE SECURITIES IN EVERY STATE. THE OFFERING MATERIALS DO NOT CONSTITUTE AN OFFER OR SOLICITATION IN ANY STATE OR JURISDICTION IN WHICH THE SECURITIES ARE NOT BEING OFFERED. THE INFORMATION PRESENTED IN THE OFFERING MATERIALS WAS PREPARED BY THE COMPANY SOLELY FOR THE USE BY PROSPECTIVE INVESTORS IN CONNECTION WITH THIS OFFERING. NO REPRESENTATIONS OR WARRANTIES ARE MADE AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED IN ANY OFFERING MATERIALS, AND NOTHING CONTAINED IN THE OFFERING MATERIALS IS OR SHOULD BE RELIED UPON AS A PROMISE OR REPRESENTATION AS TO THE FUTURE PERFORMANCE OF THE COMPANY.**

**THE COMPANY RESERVES THE RIGHT IN ITS SOLE DISCRETION AND FOR ANY REASON WHATSOEVER TO MODIFY, AMEND AND/OR WITHDRAW ALL OR A PORTION OF THE OFFERING AND/OR ACCEPT OR REJECT, IN WHOLE OR IN PART, FOR ANY REASON OR FOR NO REASON, ANY PROSPECTIVE INVESTMENT IN THE SECURITIES OR TO ALLOT TO ANY PROSPECTIVE INVESTOR LESS THAN THE DOLLAR AMOUNT OF SECURITIES SUCH INVESTOR DESIRES TO PURCHASE. EXCEPT AS OTHERWISE INDICATED, THE OFFERING MATERIALS SPEAK AS OF THEIR DATE. NEITHER THE DELIVERY NOR THE PURCHASE OF THE SECURITIES SHALL, UNDER ANY CIRCUMSTANCES, CREATE ANY IMPLICATION THAT THERE HAS BEEN NO CHANGE IN THE AFFAIRS OF THE COMPANY SINCE THAT DATE.**

**IN WITNESS WHEREOF,** this Subscription Agreement is executed as of the &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; day of &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; , [2025][2026].

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| | |
|:---|:---|
| Number of Preferred Units Subscribed For: |  |
| Total Purchase Price: | &nbsp;&nbsp;&nbsp;&nbsp;$ |
| Signature of Investor: |  |
| Name of Investor: |  |
| Address of Investor: |  |
| Electronic Mail Address: |  |
| Investor's SS# or Tax ID#: |  |

---

**ACCEPTED BY: STABLE TOWERS LLC**

Signature of Authorized Signatory: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Name of Authorized Signatory: Gerald McNabb, CEO

Date of Acceptance: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; , [2025][2026].

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 1-A

### REGULATION A OFFERING STATEMENT
### UNDER THE SECURITIES ACT OF 1933

### Item 1. Issuer Information

**Exact name of issuer:** Stable Towers LLC

**Jurisdiction of Incorporation/Organization:** ID

**Year of Incorporation:** 2023

**CIK:** 0002056297

**I.R.S. Employer Identification Number:** 00-0000000

**Primary Standard Industrial Classification Code:** 6510

**Total number of full-time employees:** 0

**Total number of part-time employees:** 2

**Address of Principal Executive Offices:** 14053 WEST TYHEE ROAD, —, POCATELLO, ID 83202

**Company Phone:** 208-339-2081

**Person to contact:** David S. Hunt, Esq.

### Financial Statements

**Balance Sheet Information**

| Metric                                   | Amount      |
|:---|:---|
| Cash and Cash Equivalents                | $0.00       |
| Investment Securities                    | $0.00       |
| Accounts and Notes Receivable            | $0.00       |
| Property, Plant and Equipment (PP&E)     | $2663089.00 |
| Total Assets                             | $2663089.00 |
| Accounts Payable and Accrued Liabilities | $26763.00   |
| Long-Term Debt                           | $1159576.00 |
| Total Liabilities                        | $1201757.00 |
| Total Stockholders' Equity               | $1461332.00 |
| Total Liabilities and Equity             | $2663089.00 |

**Statement of Comprehensive Income Information**

| Metric                                    | Amount     |
|:---|:---|
| Total Revenues                            | $0.00      |
| Costs and Expenses Applicable to Revenues | $28331.00  |
| Depreciation and Amortization             | $0.00      |
| Net Income                                | $-26131.00 |
| Earnings Per Share - Basic                | 0.00       |
| Earnings Per Share - Diluted              | 0.00       |

**Auditor Information**

| Metric          | Amount   |
|:---|:---|
| Name of Auditor | N/A      |

### Outstanding Securities

| Class           |   Outstanding | CUSIP   | Publicly Traded   |
|:---|---:|:---|:---|
| Common Units    |        300000 | n/a     | n/a               |
| Preferred Units |             0 | n/a     | n/a               |
|  |             0 |  |  |

### Item 2. Issuer Eligibility
- [x] The issuer certifies that all of the statements in this part are true.

### Item 3. Application of Rule 262
- [x] The issuer certifies that it is not disqualified and has not been involved in any disqualifying event.

### Item 4. Summary Information Regarding the Offering

**Tier:** Tier1

**Financial Statement Status:** Audited

**Type of Securities Offered:** Equity (common or preferred stock)

**Is this a delayed or continuous offering?** No

**Was or is the offering to take place within one year after qualification?** No

**Was or is the offering to commence within two days after qualification?** No

**Is this a best efforts offering?** Yes

**Was there any solicitation of interest?** No

**Are there any resale securities by affiliates of the issuer?** No

**Offering Amounts**

| Description                                                     | Amount       |
|:---|:---|
| Number of securities offered                                    | 100000       |
| Number of securities outstanding                                | 0            |
| Price per security                                              | $100.00      |
| Issuer's aggregate offering price                               | $10000000.00 |
| Aggregate offering price of securities held by security holders | $0.00        |
| Aggregate price of securities offered concurrently              | $0.00        |
| Total aggregate offering price                                  | $20000000.00 |

**Anticipated Fees**

| Service Provider   | Name                | Fees   |
|:---|:---|:---|
| Auditor            |  |  |
| Legal              | David S. Hunt, P.C. | $0.00  |
| Promoters          |  |  |

**Estimated Net Proceeds to the Issuer:** $10000000.00

### Item 5. Jurisdictions in Which Securities are to be Offered

AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY