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Statement of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Rental Income $ 177,621 $ 244,851 $ 553,083 $ 716,838
Expenses:        
LLC Administration – Affiliates 38,163 37,538 111,038 105,319
LLC Administration and Property Management – Unrelated Parties 34,787 24,156 105,854 131,740
Depreciation and Amortization 100,066 115,710 295,215 344,642
Real Estate Impairment 298,990 0 1,277,928 0
Total Expenses 472,006 177,404 1,790,035 581,701
Operating Income (Loss) (294,385) 67,447 (1,236,952) 135,137
Other Income:        
Gain on Sale of Real Estate 0 0 436,887 0
Interest Income 2,428 1,061 8,703 2,129
Total Other Income 2,428 1,061 445,590 2,129
Net Income (291,957) 68,508 (791,362) 137,266
Net Income (Loss) Allocated:        
Managing Members (8,759) 2,055 (23,741) 4,118
Limited Members $ (283,198) $ 66,453 $ (767,621) $ 133,148
Net Income (Loss) per LLC Unit (in Dollars per share) $ (0.16) $ 0.04 $ (0.44) $ 0.08
Weighted Average Units Outstanding – Basic and Diluted (in Shares) 1,738,006 1,738,006 1,738,006 1,738,006