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Real Estate Assets (Tables)
12 Months Ended
Dec. 31, 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:

 

 

 

December 31,
2023

 

 

December 31,
2022

 

Land

 

$

6,122,065

 

 

$

6,122,065

 

Buildings, improvements, and equipment

 

 

60,915,497

 

 

 

60,684,393

 

Self storage properties

 

 

67,037,562

 

 

 

66,806,458

 

Less: accumulated depreciation and amortization

 

 

(11,556,342

)

 

 

(9,922,298

)

Real estate assets, net

 

$

55,481,220

 

 

$

56,884,160