INVESTMENT IN REAL ESTATE, NET (Tables)

6 Months Ended

Dec. 31, 2022

Real Estate [Abstract]

SCHEDULE OF INVESTMENT IN REAL ESTATE

Investment in real estate consisted of the following:

As of	December 31, 2022			June 30, 2022
Land	$	22,998,000		$	22,998,000
Buildings, improvements and equipment		72,752,000			70,933,000
Accumulated depreciation		(48,693,000	)		(47,374,000	)
		47,057,000			46,557,000
Land held for development		1,468,000			1,468,000
Investment in real estate, net	$	48,525,000		$	48,025,000