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Loans Payable - Schedule of Loans Payable (Detail) - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Debt Instrument [Line Items]    
Less: Deferred financing costs, net of accumulated amortization $ (3,118,277) $ (764,753)
Loans payable, net of deferred financing costs and amortization 307,249,080 83,380,431
Valencia Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 55,200,000  
Less: Deferred financing costs, net of accumulated amortization (872,246)  
Loans payable, net of deferred financing costs and amortization 54,327,754  
Revolving Credit Facility [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 63,170,173  
Less: Deferred financing costs, net of accumulated amortization (1,015,968)  
Loans payable, net of deferred financing costs and amortization 62,154,205  
UBS AG, CCRE, Citigroup Global Markets Realty Corp, Goldman Sachs Bank USA, CBRE Multifamily Capital Inc and Arbor Private Label LLC [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 310,367,357 84,145,184
Less: Deferred financing costs, net of accumulated amortization (3,118,277) (764,753)
Loans payable, net of deferred financing costs and amortization 307,249,080 83,380,431
UBS AG [Member] | GR Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 4,500,000 4,500,000
Less: Deferred financing costs, net of accumulated amortization (47,339) (53,485)
Loans payable, net of deferred financing costs and amortization 4,452,661 4,446,515
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 (134,442) (148,297)
Loans payable, net of deferred financing costs and amortization 20,865,558 20,851,703
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 (190,725) (203,743)
Loans payable, net of deferred financing costs and amortization 26,359,275 26,346,257
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 (76,307) (81,610)
Loans payable, net of deferred financing costs and amortization 9,523,693 9,518,390
Citigroup Global Markets Realty Corp [Member] | 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 (258,472) (277,618)
Loans payable, net of deferred financing costs and amortization 22,236,712 $ 22,217,566
CBRE Multifamily Capital, Inc. [Member] | Keller Springs Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 31,277,000  
Less: Deferred financing costs, net of accumulated amortization (314,158)  
Loans payable, net of deferred financing costs and amortization 30,962,842  
Arbor Private Label, LLC [Member] | Summerfield Property [Member]    
Debt Instrument [Line Items]    
Principal amount of loans 76,575,000  
Less: Deferred financing costs, net of accumulated amortization (208,620)  
Loans payable, net of deferred financing costs and amortization $ 76,366,380