Garman Legacy Fund LLC

Residential
Rule 506(c)
Hiawatha, Iowa
Filed Oct 26, 2026

Raising: Indefinite; No set size
Sold so far: $0
Investors: 0
Average check: —; Sold ÷ investors
Minimum: $100,000
Sales commissions: $0; Issuer's estimate

In plain English

Garman Legacy Fund LLC, a residential real estate business based in Hiawatha, Iowa, filed a Form D with the SEC on Oct 26, 2026 for an offering with no set size. It hasn't reported any sales yet. The smallest investment it accepts from an outside investor is $100,000.

It filed under Rule 506(c), which means it can advertise the offering publicly, but only accredited investors can buy in, and the issuer has to check that they qualify.

How it compares

Against the 594 real estate offerings filed Oct 6 – Nov 4, 2026.

This offeringMedian

Raise sizeIndefinite vs $7.7M median

No set size, so it can't be ranked against the 460 offerings that set one.

How much is soldNone reported yet

With no set size there's no share sold to compare.

Minimum investment$100,000 vs $50,000 median

Higher than 61% of the 427 offerings that stated a minimum.

Where the sponsor is based

The Iowa housing market

Typical home value $237KChange, 12 months 3.3%

Form D lists the issuer's principal place of business, not where its properties are. Home values for Sep 2026.

See Iowa market data

Filing details

File number: 021-602466
Latest filing: Form D, Oct 26, 2026
Accession number: 0002161489-26-000002
Entity type: Limited Liability Company
Industry group: Residential
Principal place of business: Hiawatha, Iowa
Exemption claimed: Rule 506(c)
First sale: Not yet, or not reported

Timeline

Form D filed with the SEC
Oct 26, 2026
No sales reported yet
As reported Oct 26, 2026

Other recent filings from Iowa

All fund filings

This page summarizes a notice Garman Legacy Fund LLC filed with the SEC. Fidelis First is not affiliated with Garman Legacy Fund LLC, has not reviewed this offering and does not recommend it. Nothing here is an offer to sell or a solicitation of an offer to buy any security. Figures are as the issuer reported them on Oct 26, 2026 and may have changed since.

Sales commissions are the issuer's estimate for the whole offering, not amounts paid so far. Average check is derived: amount sold divided by number of investors. Issuers don't have to amend a Form D when sales or investor counts change, so these can lag.

Source: SEC EDGAR, Form D · As of Oct 26, 2026

Source: Data Provided by Zillow Group · As of Sep 2026