v3.25.1
Real Estate Assets
3 Months Ended
Mar. 31, 2025
Real Estate [Abstract]  
Real Estate Assets

3. REAL ESTATE ASSETS

The carrying value of the Company’s real estate assets is summarized as follows

 

 

 

March 31, 2025

 

 

December 31, 2024

 

Land

 

$

6,122,065

 

 

$

6,122,065

 

Buildings, improvements, and equipment

 

 

61,039,472

 

 

 

60,993,833

 

Self storage properties

 

 

67,161,537

 

 

 

67,115,898

 

Less: Accumulated depreciation

 

 

(13,597,335

)

 

 

(13,190,489

)

Real estate assets, net

 

$

53,564,202

 

 

$

53,925,409