Legacy Island LLC is a real estate fund based in Lakewood, Ohio. According to its most recent Form D, filed Aug 27, 2021, it has sold $500,000 of interests to 6 investors since its first sale in Aug 2021. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Timothy Bratz.
- Total raised
- $500,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Aug 12, 2021
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Timothy Bratz
- Latest Form D
- Aug 27, 2021
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Legacy Island LLC
What is the minimum investment for Legacy Island LLC?
According to its latest Form D, filed Aug 27, 2021, the minimum investment Legacy Island LLC accepts from an outside investor is $100,000.
Who can invest in Legacy Island LLC?
Legacy Island LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Legacy Island LLC raised?
Legacy Island LLC reports $500,000 sold from 6 investors on its Form D filed Aug 27, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Legacy Island LLC based?
Legacy Island LLC is based in Lakewood, Ohio.
When did Legacy Island LLC launch?
Legacy Island LLC reports its first sale in Aug 2021.
Size compared with every real estate fund
Raised more than 39% of the 256 real estate funds based in Ohio, and more than 24% of all 7,351 that report sales.