| SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION |
STRATCAP DIGITAL INFRASTRUCTURE REIT, INC. SCHEDULE III — REAL ESTATE AND ACCUMULATED DEPRECIATION AS OF DECEMBER 31, 2025 | | | | | | | | | | | | | | | | | | | | | | Description | | Property Type | | State | | Encumbrances(1) | | Initial
Costs(2) | | Cost
capitalized
subsequent to
acquisition | | Total Costs | | Accumulated
Depreciation
and Amortization(3) | | Acquisition Date | Millpark | | Data Center | | Missouri | | $ | — | | | 15,625,807 | | $ | — | | $ | 15,625,807 | | $ | (1,070,174) | | March 15, 2023 | Bassett | | Data Center | | California | | | — | | | 12,606,855 | | | — | | | 12,606,855 | | | (893,172) | | March 21, 2023 | Total | | | | | | $ | — | | $ | 28,232,662 | | $ | — | | $ | 28,232,662 | | $ | (1,963,346) | | |
________________________________ | (1) | Encumbrances excludes the revolving credit facility as of December 31, 2025, which are not allocable to specific properties. |
| (2) | The gross cost includes the cost for land, building and site improvements. The aggregate cost for U.S. federal income tax purposes is $33,884,967. |
| (3) | Refer to Note 2, “Summary of Significant Accounting Policies,” to our consolidated financial statements for details of depreciable lives. |
The changes in real estate for the years ended December 31, 2025 and 2024 are as follows: | | | | | | | | | Year Ended December 31, | | | 2025 | | 2024 | Balance, beginning of year | | $ | 28,232,662 | | $ | 28,232,662 | Additions during period | | | — | | | — | Deductions during period: | | | — | | | — | Balance, end of year | | $ | 28,232,662 | | $ | 28,232,662 |
The changes in accumulated depreciation for the years ended December 31, 2025 and 2024 are as follows: | | | | | | | | | Year Ended December 31, | | | 2025 | | 2024 | Balance, beginning of year | | $ | (1,260,848) | | | (558,350) | Additions during period | | | (702,498) | | | (702,498) | Deductions during period: | | | — | | | — | Balance, end of year | | $ | (1,963,346) | | $ | (1,260,848) |
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