Note 7 - Mortgage Notes Payable (Tables)

9 Months Ended

Sep. 30, 2024

Notes Tables

Schedule of Debt [Table Text Block]

	Principal as of
	September 30,			December 31,			Loan	Interest
Mortgage note property	2024			2023			Type	Rate (1)			Maturity
Dakota Center (2)	$	9,091,395		$	9,197,346		Fixed		4.74	%	7/6/2024
Research Parkway (6)		1,542,559			1,588,742		Fixed		3.94	%	1/5/2025
Arapahoe Service Center (6)		7,289,903			7,426,088		Fixed		4.34	%	1/5/2025
Union Town Center (6)		7,751,042			7,870,468		Fixed		4.28	%	1/5/2025
One Park Centre (6)		5,951,566			6,043,882		Fixed		4.77	%	9/5/2025
Genesis Plaza (6)		5,845,630			5,937,251		Fixed		4.71	%	9/6/2025
Shea Center II		16,735,875			16,951,095		Fixed		4.92	%	1/5/2026
West Fargo Industrial (3)		5,750,000			3,922,829		Fixed		7.14	%	7/6/2029
Grand Pacific Center (4)		6,477,723			5,470,305		Fixed		6.35	%	5/5/2033
Baltimore		5,670,000			5,670,000		Fixed		4.67	%	4/6/2032
Mandolin		3,525,307			3,573,201		Fixed		4.35	%	4/20/2029
Subtotal, Presidio Property Trust, Inc. Properties	$	75,631,000		$	73,651,207
Model Home mortgage notes (5)		27,537,755			34,815,699		Fixed					2024 - 2029
Mortgage Notes Payable	$	103,168,755		$	108,466,906
Unamortized loan costs		(849,536	)		(753,633	)
Mortgage Notes Payable, net	$	102,319,219		$	107,713,273

Contractual Obligation, Fiscal Year Maturity [Table Text Block]

	Commercial		Model
	Properties		Homes		Total Principal
Years ending December 31:	Notes Payable		Notes Payable		Payments
2024	$	9,367,570	$	2,321,811	$	11,689,381
2025		28,644,941		8,885,311		37,530,252
2026		16,521,100		1,008,650		17,529,750
2027		157,739		551,267		709,006
2028		168,907		9,119,969		9,288,876
Thereafter		20,770,743		5,650,747		26,421,490
Total	$	75,631,000	$	27,537,755	$	103,168,755