Consolidated Statements of Changes in Equity (Unaudited) - USD ($) |
Common stock
Class E Common stock
|
Common stock
Class D common stock
|
Common stock
Class I common stock
|
Common stock
Class S common stock
|
Common stock
Class T common stock
|
Preferred Stock |
Additional Paid In Capital |
Accumulated Deficit |
Total Stockholders' Equity |
Non-Controlling Interests in Operating Partnership |
Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity, Including Portion Attributable to Noncontrolling Interest | $ 200 | $ 412,782 | $ (6,170) | $ 406,812 | $ 119,432,864 | $ 119,839,676 | |||||
| Balance at the beginning at Dec. 31, 2023 | 200 | 412,782 | (6,170) | 406,812 | 119,432,864 | 119,839,676 | |||||
| Common stock issued | $ 5 | $ 5 | $ 5 | $ 5 | $ 1 | 144,979 | 145,000 | 145,000 | |||
| Net loss | (6,210) | (6,210) | (1,588,134) | (1,594,344) | |||||||
| Offering costs | (19,043) | (19,043) | (19,242) | (38,285) | |||||||
| Amortization of restricted stock grants | 114,685 | 114,685 | 114,685 | ||||||||
| Balance at the end at Mar. 31, 2024 | 200 | 5 | 5 | 5 | 5 | 1 | 653,403 | (12,380) | 641,244 | 117,825,488 | 118,466,732 |
| Balance at the beginning at Dec. 31, 2023 | 200 | 412,782 | (6,170) | 406,812 | 119,432,864 | 119,839,676 | |||||
| Distributions to non-controlling interests | (951,600) | ||||||||||
| Balance at the end at Jun. 30, 2024 | 201 | 5 | 5 | 5 | 5 | 1 | 769,032 | (19,353) | 749,901 | 116,076,424 | 116,826,325 |
| Equity, Including Portion Attributable to Noncontrolling Interest | 200 | 5 | 5 | 5 | 5 | 1 | 653,403 | (12,380) | 641,244 | 117,825,488 | 118,466,732 |
| Balance at the beginning at Mar. 31, 2024 | 200 | 5 | 5 | 5 | 5 | 1 | 653,403 | (12,380) | 641,244 | 117,825,488 | 118,466,732 |
| Distributions declared on common stock | (1,606) | (1,606) | (1,606) | ||||||||
| Distribution reinvestments | 1 | 801 | 802 | 802 | |||||||
| Net loss | (5,367) | (5,367) | (880,775) | (886,142) | |||||||
| Offering costs | 142 | 142 | 83,311 | 83,453 | |||||||
| Amortization of restricted stock grants | 114,686 | 114,686 | 114,687 | ||||||||
| Distributions to non-controlling interests | (951,600) | (951,600) | |||||||||
| Balance at the end at Jun. 30, 2024 | 201 | 5 | 5 | 5 | 5 | 1 | 769,032 | (19,353) | 749,901 | 116,076,424 | 116,826,325 |
| Equity, Including Portion Attributable to Noncontrolling Interest | 201 | 5 | 5 | 5 | 5 | 1 | 769,032 | (19,353) | 749,901 | 116,076,424 | 116,826,325 |
| Equity, Including Portion Attributable to Noncontrolling Interest | 205 | 5 | 5 | 5 | 5 | 1 | 819,979 | (34,960) | 785,245 | 111,069,857 | 111,855,102 |
| Balance at the beginning at Dec. 31, 2024 | 205 | 5 | 5 | 5 | 5 | 1 | 819,979 | (34,960) | 785,245 | 111,069,857 | 111,855,102 |
| Distributions declared on common stock | (2,599) | (2,599) | (2,599) | ||||||||
| Distribution reinvestments | 2 | 2,529 | 2,531 | 2,531 | |||||||
| Net loss | (5,612) | (5,612) | (1,107,788) | (1,113,400) | |||||||
| Amortization of restricted stock grants | 5,457 | 5,457 | 5,457 | ||||||||
| Distributions to non-controlling interests | (1,495,000) | (1,495,000) | |||||||||
| Balance at the end at Mar. 31, 2025 | 207 | 5 | 5 | 5 | 5 | 1 | 827,965 | (43,171) | 785,022 | 108,467,069 | 109,252,091 |
| Balance at the beginning at Dec. 31, 2024 | 205 | 5 | 5 | 5 | 5 | 1 | 819,979 | (34,960) | 785,245 | 111,069,857 | 111,855,102 |
| Distributions to non-controlling interests | (3,023,800) | ||||||||||
| Balance at the end at Jun. 30, 2025 | 209 | 5 | 5 | 5 | 5 | 1 | 836,731 | (51,731) | 785,230 | 106,129,218 | 106,914,448 |
| Equity, Including Portion Attributable to Noncontrolling Interest | 207 | 5 | 5 | 5 | 5 | 1 | 827,965 | (43,171) | 785,022 | 108,467,069 | 109,252,091 |
| Balance at the beginning at Mar. 31, 2025 | 207 | 5 | 5 | 5 | 5 | 1 | 827,965 | (43,171) | 785,022 | 108,467,069 | 109,252,091 |
| Distributions declared on common stock | (2,687) | (2,687) | (2,687) | ||||||||
| Distribution reinvestments | 2 | 2,674 | 2,676 | 2,676 | |||||||
| Net loss | (5,873) | (5,873) | (1,058,601) | (1,064,474) | |||||||
| Offering costs | 450 | 450 | 249,550 | 250,000 | |||||||
| Amortization of restricted stock grants | 5,642 | 5,642 | 5,642 | ||||||||
| Distributions to non-controlling interests | (1,528,800) | (1,528,800) | |||||||||
| Balance at the end at Jun. 30, 2025 | 209 | 5 | 5 | 5 | 5 | 1 | 836,731 | (51,731) | 785,230 | 106,129,218 | 106,914,448 |
| Equity, Including Portion Attributable to Noncontrolling Interest | $ 209 | $ 5 | $ 5 | $ 5 | $ 5 | $ 1 | $ 836,731 | $ (51,731) | $ 785,230 | $ 106,129,218 | $ 106,914,448 |