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Mortgage Notes Payable (Tables)
12 Months Ended
Jan. 31, 2021
Schedule Of Mortgage Notes Payable Abstract  
Schedule of Mortgage Notes Payable

The following table summarizes the Trust’s mortgage notes payable, net of debt discounts, as of January 31, 2021:

 

    2021     2020  
Mortgage note payable, due in monthly installments of $28,493, including interest at 4.69% per year, through June 19, 2042, secured by the Tucson Oracle property with a carrying value of $7.2 million at January 31, 2021.     4,582,880       4,708,979  
                 
Mortgage note payable, due in monthly installments of $9,218, including interest at 4.90% per year, through December 2, 2029, secured by the Albuquerque property with a carrying value of $1.6 million at January 31, 2021.   $ 1,354,704     $ 1,396,690  
                 
Totals:   $ 5,937,584     $ 6,105,669