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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Assets    
Real estate assets, net $ 56,222,916 $ 56,884,160
Cash and cash equivalents 6,595,345 6,363,610
Restricted cash 190,243 151,397
Investments in securities 2,612,856 2,366,153
Accounts receivable 175,607 168,299
Prepaid expenses and other assets 629,542 479,458
Line of credit issuance costs, net 101,602 152,402
Interest rate cap 116,915 123,152
Goodwill 694,121 694,121
Total assets 67,339,147 67,382,752
Liabilities and equity    
Note payable, net 17,164,097 17,420,854
Accounts payable and accrued expenses 1,796,778 1,622,784
Total liabilities 18,960,875 19,043,638
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value: 50,000,000 shares authorized; no shares outstanding
Common stock, $0.01 par value: 450,000,000 shares authorized; 11,143,908 shares and 11,109,077 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 111,439 111,091
Additional paid in capital 49,111,072 49,029,712
Accumulated deficit (844,239) (801,689)
Total stockholders' equity 48,378,272 48,339,114
Total liabilities and stockholders' equity $ 67,339,147 $ 67,382,752