v3.26.1
Loans Payable - Schedule of Loans Payable (Detail) - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Debt Instrument [Line Items]    
Principal amount of loans $ 600,740,271 $ 554,782,304
Less: Deferred financing costs, net of accumulated amortization (5,156,704) (5,001,576)
Loans payable, net of deferred financing costs and amortization 595,583,567 549,780,728
Valencia Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 55,200,000 55,200,000
Less: Deferred financing costs, net of accumulated amortization (492,502) (581,753)
Loans payable, net of deferred financing costs and amortization 54,707,498 54,618,247
Revolving Credit Facility [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 101,166,935 61,155,176
Less: Deferred financing costs, net of accumulated amortization (1,001,717) (147,336)
Loans payable, net of deferred financing costs and amortization 100,165,218 61,007,840
Kacey Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 40,640,000 40,640,000
Less: Deferred financing costs, net of accumulated amortization (223,483) (261,252)
Loans payable, net of deferred financing costs and amortization 40,416,517 40,378,748
Industry Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 43,200,000 43,200,000
Less: Deferred financing costs, net of accumulated amortization (270,032) (315,018)
Loans payable, net of deferred financing costs and amortization 42,929,968 42,884,982
ON3 Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 66,731,250 66,731,250
Less: Deferred financing costs, net of accumulated amortization (608,929) (705,055)
Loans payable, net of deferred financing costs and amortization 66,122,321 66,026,195
West End Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 29,000,000 29,000,000
Less: Deferred financing costs, net of accumulated amortization (296,551) (341,002)
Loans payable, net of deferred financing costs and amortization 28,703,449 28,658,998
Palms Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 20,000,000 20,000,000
Less: Deferred financing costs, net of accumulated amortization (259,864) (298,812)
Loans payable, net of deferred financing costs and amortization 19,740,136 19,701,188
Pearland Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 22,500,000 22,500,000
Less: Deferred financing costs, net of accumulated amortization (325,296) (368,647)
Loans payable, net of deferred financing costs and amortization 22,174,704 22,131,353
WAG Portfolio Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans   26,635,694
Loans payable, net of deferred financing costs and amortization   26,635,694
WAG MH Properties [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 32,581,902  
Loans payable, net of deferred financing costs and amortization 32,581,902  
UBS AG [Member] | FM Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 21,000,000 21,000,000
Less: Deferred financing costs, net of accumulated amortization (55,626) (74,150)
Loans payable, net of deferred financing costs and amortization 20,944,374 20,925,850
Citigroup Global Markets Realty Corp [Member] | Net Lease DST Properties [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 22,495,184 22,495,184
Less: Deferred financing costs, net of accumulated amortization (149,978) (175,506)
Loans payable, net of deferred financing costs and amortization 22,345,206 22,319,678
CBRE Multifamily Capital, Inc. [Member] | Keller Springs Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 33,500,000 33,500,000
Less: Deferred financing costs, net of accumulated amortization (1,194,690) (1,408,556)
Loans payable, net of deferred financing costs and amortization 32,305,310 32,091,444
CCRE [Member] | CO Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 26,550,000 26,550,000
Less: Deferred financing costs, net of accumulated amortization (116,670) (134,075)
Loans payable, net of deferred financing costs and amortization 26,433,330 26,415,925
Goldman Sachs Bank USA [Member] | Buchanan Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 9,600,000 9,600,000
Less: Deferred financing costs, net of accumulated amortization (46,130) (53,231)
Loans payable, net of deferred financing costs and amortization 9,553,870 9,546,769
Arbor Private Label, LLC [Member] | Summerfield Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 76,575,000 76,575,000
Less: Deferred financing costs, net of accumulated amortization (115,236) (137,183)
Loans payable, net of deferred financing costs and amortization $ 76,459,764 $ 76,437,817