XML 83 R71.htm IDEA: XBRL DOCUMENT v3.24.3
Schedule III - Real Estate Properties and Accumulated Depreciation (Details) - USD ($)
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Real Estate Properties and Accumulated Depreciation [Abstract]      
Encumbrances $ 113,687,699    
Initial Costs [Abstract]      
Land 42,741,903    
Building & Improvements 167,178,920    
Subsequent Acquisition [Abstract]      
Land 16,239    
Building & Improvements 4,308,987    
Gross Amount 214,246,049 $ 169,647,797 $ 96,299,620
Accumulated Depreciation $ (10,026,646) $ (4,917,122) $ (1,181,962)
Commodore Apartment Building [Member]      
Real Estate Properties and Accumulated Depreciation [Abstract]      
Acquisition Date Mar. 05, 2021    
Encumbrances $ 6,737,500    
Initial Costs [Abstract]      
Land 5,519,963    
Building & Improvements 7,626,909    
Subsequent Acquisition [Abstract]      
Land 0    
Building & Improvements 43,366    
Gross Amount 13,190,238    
Accumulated Depreciation $ (857,966)    
The Park View Building [Member]      
Real Estate Properties and Accumulated Depreciation [Abstract]      
Acquisition Date Mar. 05, 2021    
Encumbrances $ 8,387,500    
Initial Costs [Abstract]      
Land 4,317,013    
Building & Improvements 11,927,323    
Subsequent Acquisition [Abstract]      
Land 0    
Building & Improvements 81,285    
Gross Amount 16,325,621    
Accumulated Depreciation $ (1,119,423)    
Hollywood Apartments [Member]      
Real Estate Properties and Accumulated Depreciation [Abstract]      
Acquisition Date Oct. 04, 2021    
Encumbrances $ 17,280,875    
Initial Costs [Abstract]      
Land 8,704,577    
Building & Improvements 14,200,645    
Subsequent Acquisition [Abstract]      
Land 0    
Building & Improvements 36,250    
Gross Amount 22,941,472    
Accumulated Depreciation $ (1,373,138)    
Shoreline Apartments [Member]      
Real Estate Properties and Accumulated Depreciation [Abstract]      
Acquisition Date May 16, 2022    
Encumbrances $ 17,608,676    
Initial Costs [Abstract]      
Land 7,559,390    
Building & Improvements 20,429,810    
Subsequent Acquisition [Abstract]      
Land 0    
Building & Improvements 197,173    
Gross Amount 28,186,373    
Accumulated Depreciation $ (1,699,638)    
Satellite Place [Member]      
Real Estate Properties and Accumulated Depreciation [Abstract]      
Acquisition Date Jun. 01, 2022    
Encumbrances $ 0    
Initial Costs [Abstract]      
Land 2,966,129    
Building & Improvements 10,910,897    
Subsequent Acquisition [Abstract]      
Land 0    
Building & Improvements 1,100,472    
Gross Amount 14,977,498    
Accumulated Depreciation $ (1,467,706)    
MRC Aurora [Member]      
Real Estate Properties and Accumulated Depreciation [Abstract]      
Acquisition Date May 06, 2022    
Encumbrances $ 0    
Initial Costs [Abstract]      
Land 3,050,000    
Building & Improvements 361,094    
Subsequent Acquisition [Abstract]      
Land 0    
Building & Improvements 2,261,274    
Gross Amount 5,672,368    
Accumulated Depreciation $ 0    
First & Main Office Building [Member]      
Real Estate Properties and Accumulated Depreciation [Abstract]      
Acquisition Date Jul. 23, 2022    
Encumbrances $ 10,963,355    
Initial Costs [Abstract]      
Land 966,314    
Building & Improvements 16,952,076    
Subsequent Acquisition [Abstract]      
Land 0    
Building & Improvements 11,677    
Gross Amount 17,930,067    
Accumulated Depreciation $ (871,246)    
1300 Main Office Building [Member]      
Real Estate Properties and Accumulated Depreciation [Abstract]      
Acquisition Date Oct. 01, 2022    
Encumbrances $ 8,168,350    
Initial Costs [Abstract]      
Land 805,575    
Building & Improvements 14,643,311    
Subsequent Acquisition [Abstract]      
Land 0    
Building & Improvements 6,244    
Gross Amount 15,455,130    
Accumulated Depreciation $ (593,096)    
Woodland Corporate Center [Member]      
Real Estate Properties and Accumulated Depreciation [Abstract]      
Acquisition Date Jan. 03, 2023    
Encumbrances $ 6,626,543    
Initial Costs [Abstract]      
Land 1,840,468    
Building & Improvements 10,212,200    
Subsequent Acquisition [Abstract]      
Land 0    
Building & Improvements 62,175    
Gross Amount 12,114,843    
Accumulated Depreciation $ (577,567)    
Main Street West Office Building [Member]      
Real Estate Properties and Accumulated Depreciation [Abstract]      
Acquisition Date Feb. 01, 2023    
Encumbrances $ 14,730,887    
Initial Costs [Abstract]      
Land 1,433,698    
Building & Improvements 25,220,403    
Subsequent Acquisition [Abstract]      
Land 0    
Building & Improvements 67,134    
Gross Amount 26,721,235    
Accumulated Depreciation $ (927,368)    
220 Campus Lane Office Building [Member]      
Real Estate Properties and Accumulated Depreciation [Abstract]      
Acquisition Date Sep. 01, 2023    
Encumbrances $ 1,952,292    
Initial Costs [Abstract]      
Land 1,357,288    
Building & Improvements 1,269,710    
Subsequent Acquisition [Abstract]      
Land 0    
Building & Improvements 152,069    
Gross Amount 2,779,067    
Accumulated Depreciation $ (30,002)    
Campus Lane Residential [Member]      
Real Estate Properties and Accumulated Depreciation [Abstract]      
Acquisition Date Sep. 01, 2023    
Encumbrances $ 1,050,306    
Initial Costs [Abstract]      
Land 1,503,758    
Building & Improvements 0    
Subsequent Acquisition [Abstract]      
Land 16,239    
Building & Improvements 267,451    
Gross Amount 1,787,448    
Accumulated Depreciation $ 0    
Green Valley Executive Center [Member]      
Real Estate Properties and Accumulated Depreciation [Abstract]      
Acquisition Date Jan. 01, 2024    
Encumbrances $ 12,655,979    
Initial Costs [Abstract]      
Land 1,352,864    
Building & Improvements 20,239,581    
Subsequent Acquisition [Abstract]      
Land 0    
Building & Improvements 22,417    
Gross Amount 21,614,862    
Accumulated Depreciation $ (388,845)    
One Harbor Center [Member]      
Real Estate Properties and Accumulated Depreciation [Abstract]      
Acquisition Date May 01, 2024    
Encumbrances $ 7,525,436    
Initial Costs [Abstract]      
Land 1,364,866    
Building & Improvements 13,184,961    
Subsequent Acquisition [Abstract]      
Land 0    
Building & Improvements 0    
Gross Amount 14,549,827    
Accumulated Depreciation $ (120,651)