Rental Properties (Details) |
3 Months Ended | ||||
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Jul. 08, 2024
USD ($)
a
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Jan. 19, 2024
USD ($)
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Jan. 02, 2024
USD ($)
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Mar. 31, 2025
USD ($)
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Mar. 31, 2024
USD ($)
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Rental Properties [Abstract] | |||||
Cash purchase price | $ 1,585,878 | ||||
Representing purchase price | 1,250,000 | ||||
Assignment fees | 185,000 | ||||
Acquisition of real estate | $ 120,519 | 150,878 | |||
Commission expense | 65,000 | ||||
Sponsor fee | 79,634 | ||||
Other costs | $ 6,244 | ||||
Land (in Acres) | a | 1.114 | ||||
Aggregate purchase amount | $ 1,712,541 | ||||
Purchase price | 1,100,000 | $ 6,480 | |||
Onsite and offsite improvements | $ 492,022 | ||||
Tenant improvement allowance | $ 450,000 | 450,000 | |||
Payments of tenant | $ 450,000 | 450,000 | |||
Depreciation of rental properties | $ 87,811 | $ 88,086 |
X | ||||||||||
- Definition Area of land held. No definition available.
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- Definition Amount of deferred cost assets and assets classified as other. No definition available.
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- Definition For the asset that is reclassified back to held and use from held-for-sale, the depreciation expense recognized when the asset is reclassified. This represents the difference between the carrying value at the time the decision to reclassify is made and the carrying amount that the asset would have had if it had never been classified as held for sale (including consideration of depreciation expense). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before accumulated depreciation and depletion of real estate held for productive use and additions or improvements to real estate held for productive use, examples include, but are not limited to, walkways, driveways, fences, and parking lots. Excludes land held for sale. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of cash paid for commissions during the current period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Net cash outflow or inflow from monetary allowance granted by the landlord to a tenant to entice tenant to move into landlords building which will enable the tenant to prepare the leased premises for tenants occupancy. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of cash outflow for the allowance granted to lessee and/or direct costs incurred by lessor used to prepare the leased premises for tenant's occupancy. No definition available.
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- Definition The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash outflow from the acquisition of a piece of land, anything permanently fixed to it, including buildings, structures on it and so forth; includes real estate intended to generate income for the owner; excludes real estate acquired for use by the owner. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Fees paid to advisors who provide certain management support and administrative oversight services including the organization and sale of stock, investment funds, limited partnerships and mutual funds. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of aggregate cash purchase price. No definition available.
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- Definition The amount of aggregate purchase. No definition available.
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- Definition Amount of assignment fees. No definition available.
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- Definition The amount of representing amount. No definition available.
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