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Balance Sheet - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash $ 1,878,478 $ 8,967,982
Real Estate Investments:    
Land 1,105,379 1,188,885
Buildings 3,474,856 4,543,016
Acquired Intangible Lease Assets 646,934 646,934
Real Estate Held for Investment, at cost 5,227,169 6,378,835
Accumulated Depreciation and Amortization (2,130,515) (2,462,807)
Real Estate Held for Investment, Net 3,096,654 3,916,028
Real Estate Held for Sale 644,885 572,042
Total Real Estate Investments 3,741,539 4,488,070
Total Assets 5,620,017 13,456,052
Current Liabilities:    
Payable to AEI Fund Management, Inc. 78,867 92,901
Distributions Payable 163,281 7,817,695
Unearned Rent 6,835 0
Total Current Liabilities 248,983 7,910,596
Members’ Equity:    
Managing Members 17,338 22,752
Limited Members – 50,000 Units authorized; 23,423 Units issued and outstanding as of 9/30/2020 and 12/31/2019 5,353,696 5,522,704
Total Members’ Equity 5,371,034 5,545,456
Total Liabilities and Members’ Equity $ 5,620,017 $ 13,456,052