v3.25.2
Real Estate Assets
6 Months Ended
Jun. 30, 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

 

 

 

June 30, 2025

 

 

December 31, 2024

 

Land

 

$

6,122,065

 

 

$

6,122,065

 

Buildings, improvements, and equipment

 

 

61,100,928

 

 

 

60,993,833

 

Self storage properties

 

 

67,222,993

 

 

 

67,115,898

 

Less: Accumulated depreciation

 

 

(14,005,052

)

 

 

(13,190,489

)

Real estate assets, net

 

$

53,217,941

 

 

$

53,925,409