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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Assets    
Real estate assets, net $ 53,925,409 $ 55,481,220
Cash and cash equivalents 7,180,857 6,921,779
Restricted cash 29,204 106,767
Investments in securities 2,608,987 2,775,029
Accounts receivable 142,408 169,410
Prepaid expenses and other assets 719,351 629,196
Interest rate cap 18,717 50,881
Line of credit issuance costs, net 195,970 50,801
Goodwill 694,121 694,121
Total assets 65,515,024 66,879,204
Liabilities and stockholders' equity    
Note payable, net 16,356,582 16,901,219
Accounts payable and accrued expenses 1,720,765 1,731,958
Total liabilities 18,077,347 18,633,177
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value: 50,000,000 shares authorized, no shares outstanding
Common stock, $0.01 par value: 450,000,000 shares authorized; 11,292,772 shares and 11,153,513 shares issued and outstanding at December 31, 2024 and 2023, respectively 112,927 111,535
Additional paid in capital 49,559,986 49,229,020
Accumulated deficit (2,235,236) (1,094,528)
Total stockholders' equity 47,437,677 48,246,027
Total liabilities and stockholders' equity $ 65,515,024 $ 66,879,204