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Real Estate Assets (Tables)
6 Months Ended
Jun. 30, 2023
Real Estate [Abstract]  
Summary of Carrying Value of Real Estate Assets

The carrying value of the Company’s real estate assets is summarized as follows

 

 

 

June 30, 2023

 

 

December 31, 2022

 

Land

 

$

6,122,065

 

 

$

6,122,065

 

Buildings, improvements, and equipment

 

 

60,838,528

 

 

 

60,684,393

 

Self storage properties

 

 

66,960,593

 

 

 

66,806,458

 

Less: Accumulated depreciation

 

 

(10,737,677

)

 

 

(9,922,298

)

Real estate assets, net

 

$

56,222,916

 

 

$

56,884,160