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Investments in Unconsolidated Entities - Summary of Sales Information of Partnership Investment in Unconsolidated Entities (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
Unit
Jun. 30, 2024
USD ($)
Unit
Schedule Of Equity Method Investments [Line Items]        
Gross Proceeds to the Partnership     $ 31,320,812 $ 56,986
Investment Income from sale of properties     1,829,525  
Gain (loss) on Sale $ 195,516 $ 6,986 $ 200,736 $ 56,986
Omaha, NE [Member] | Vantage At Coventry [Member]        
Schedule Of Equity Method Investments [Line Items]        
Units | Unit     294 [1] 294 [2]
Gross Proceeds to the Partnership     $ 5,220 [1] $ 50,000 [2]
Gain (loss) on Sale     $ 5,220 [1] $ 50,000 [2]
Tomball T X [Member] | Vantage At Tomball [Member]        
Schedule Of Equity Method Investments [Line Items]        
Units | Unit     288  
Month Sold     2025-01  
Gross Proceeds to the Partnership     $ 14,199,870  
Helotes, TX [Member] | Vantage at Helotes [Member]        
Schedule Of Equity Method Investments [Line Items]        
Units | Unit [3]     288  
Month Sold [3]     2025-05  
Gross Proceeds to the Partnership [3]     $ 17,083,556  
Investment Income from sale of properties [3]     1,829,525  
Gain (loss) on Sale [3]     $ 163,350  
San Antonio, TX [Member] | Vantage At O'Connor [Member]        
Schedule Of Equity Method Investments [Line Items]        
Units | Unit [4]     288  
Gross Proceeds to the Partnership [4]     $ 32,166  
Gain (loss) on Sale [4]     $ 32,166  
San Antonio, TX [Member] | Vantage At Westover Hills [Member]        
Schedule Of Equity Method Investments [Line Items]        
Units | Unit [5]       288
Gross Proceeds to the Partnership [5]       $ 6,986
Gain (loss) on Sale [5]       $ 6,986
[1] In February 2025, the Partnership received sales proceeds of approximately $5,000 associated with final settlements of the Vantage at Coventry sale in January 2023. The Partnership recognized the amount in “Gain on sale of investment in an unconsolidated entity” on the Partnership’s condensed consolidated statement of operations.
[2] In January 2024, the Partnership received sales proceeds of approximately $50,000 associated with final settlements of the Vantage at Coventry sale in January 2023. The Partnership recognized the amount in “Gain on sale of investment in an unconsolidated entity” on the Partnership’s condensed consolidated statement of operations.
[3] Vantage at Helotes, at the direction of its managing member, sold substantially all its assets to a non-profit entity that financed the purchase by issuing tax-exempt and taxable bonds. The Partnership acquired two MRBs issued by the buyer to finance the purchase of the property (see Note 4).
[4] In June 2025, the Partnership received sales proceeds of approximately $32,000 associated with final settlements of the Vantage at O'Connor sale in July 2022. The Partnership recognized the amount in “Gain on sale of investment in an unconsolidated entity” on the Partnership’s condensed consolidated statement of operations.
[5] In May 2024, the Partnership received sales proceeds of approximately $7,000 associated with final settlements of the Vantage at Westover Hills sale in May 2022. The Partnership recognized the amount in “Gain on sale of investment in an unconsolidated entity” on the Partnership’s condensed consolidated statement of operations.