v3.26.1
Loans Payable - Schedule of Loans Payable (Detail) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Debt Instrument [Line Items]    
Principal amount of loans $ 573,095,203 $ 600,740,271
Less: Deferred financing costs, net of accumulated amortization (4,614,469) (5,156,704)
Loans payable, net of deferred financing costs and amortization 568,480,734 595,583,567
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 (448,243) (492,502)
Loans payable, net of deferred financing costs and amortization 54,751,757 54,707,498
Citizens Facility [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 28,921,867 101,166,935
Less: Deferred financing costs, net of accumulated amortization (806,341) (1,001,717)
Loans payable, net of deferred financing costs and amortization 28,115,526 100,165,218
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 (204,754) (223,483)
Loans payable, net of deferred financing costs and amortization 40,435,246 40,416,517
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 (247,724) (270,032)
Loans payable, net of deferred financing costs and amortization 42,952,276 42,929,968
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 (561,261) (608,929)
Loans payable, net of deferred financing costs and amortization 66,169,989 66,122,321
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 (274,508) (296,551)
Loans payable, net of deferred financing costs and amortization 28,725,492 28,703,449
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 (240,550) (259,864)
Loans payable, net of deferred financing costs and amortization 19,759,450 19,740,136
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 (303,799) (325,296)
Loans payable, net of deferred financing costs and amortization 22,196,201 22,174,704
WAG Portfolio Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans   32,581,902
Loans payable, net of deferred financing costs and amortization   32,581,902
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  
Archer Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 44,600,000  
Loans payable, net of deferred financing costs and amortization 44,600,000  
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 (46,440) (55,626)
Loans payable, net of deferred financing costs and amortization 20,953,560 20,944,374
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 (137,214) (149,978)
Loans payable, net of deferred financing costs and amortization 22,357,970 22,345,206
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 (1,088,636) (1,194,690)
Loans payable, net of deferred financing costs and amortization 32,411,364 32,305,310
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 (108,039) (116,670)
Loans payable, net of deferred financing costs and amortization 26,441,961 26,433,330
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 (42,608) (46,130)
Loans payable, net of deferred financing costs and amortization 9,557,392 9,553,870
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 (104,352) (115,236)
Loans payable, net of deferred financing costs and amortization $ 76,470,648 $ 76,459,764