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Consolidated Statements Of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Rental $ 278,349 $ 275,935 $ 855,169 $ 828,708
Total Revenue 278,349 275,935 855,169 828,708
Costs and Expenses:        
General and administrative 76,306 71,987 219,389 352,776
Rental property:        
Operating expenses 147,976 144,062 475,958 442,486
Interest expense and amortization of mortgage costs 26,369 27,066 78,897 80,721
Real estate taxes 9,385 10,333 26,265 29,810
Depreciation on real estate 14,688 16,570 45,046 43,118
Total Costs and Expenses 274,724 270,018 845,555 948,911
Other Income:        
Distribution from Avalon Jublee, LLC 7,574   7,574  
Investment income 21 3 52 8
Total other income 7,595 3 7,626 8
Net income (loss) $ 11,220 $ 5,920 $ 17,240 $ (120,195)
Net income (loss) per Common Share -basic (in Dollars per share) $ 0 $ 0 $ 0 $ (0.02)
Net income (loss) per Common Share -diluted (in Dollars per share) $ 0 $ 0 $ 0 $ (0.02)
Weighted Average Number of Shares Outstanding        
basic (in Shares) 5,188,680 5,188,680 5,188,680 5,188,680
diluted (in Shares) 5,738,680 5,738,680 5,738,680 5,188,680