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Debt - Schedule of Company's Outstanding Debt (Detail) - USD ($)
12 Months Ended
Oct. 28, 2022
Nov. 09, 2021
Sep. 28, 2017
Jun. 28, 2017
Dec. 31, 2023
Dec. 31, 2022
Aug. 31, 2018
Feb. 23, 2018
Debt Instrument [Line Items]                
Carrying Value         $ 161,557,047      
Debt issuance costs, net         (693,229) $ (1,014,079)    
Total debt, net         160,863,818 162,815,965    
JPM Mortgage Loan [Member] | Fayetteville Property [Member]                
Debt Instrument [Line Items]                
Carrying Value [1]         $ 29,500,000 29,500,000    
Debt instrument, initial interest rate       4.20% 4.20% [1]      
Maturity Date       Jul. 01, 2024 Jul. 01, 2024 [1]      
Freddie Mac Utah Loans [Member]                
Debt Instrument [Line Items]                
Carrying Value [2]         $ 44,291,048 45,039,660    
Debt instrument, initial interest rate         5.06% [2]     5.06%
Maturity Date [2]         Feb. 23, 2028      
Freddie Mac Courtyard Loan [Member]                
Debt Instrument [Line Items]                
Carrying Value [3]         $ 62,049,449 62,973,834    
Debt instrument, initial interest rate         4.86% [3]   4.86%  
Maturity Date [3]         Sep. 01, 2028      
KeyBank Bridge Loans [Member]                
Debt Instrument [Line Items]                
Carrying Value [4]         $ 25,716,550 $ 26,316,550    
Debt instrument, initial interest rate [4]         9.46%      
Maturity Date Apr. 30, 2024 Apr. 30, 2023     Apr. 30, 2024 [4]      
Nationwide Mortgage Loan [Member] | Tallahassee Property [Member]                
Debt Instrument [Line Items]                
Debt instrument, initial interest rate     3.84%          
Maturity Date     Oct. 01, 2024          
[1] Fixed rate debt with interest only payments due monthly and the principal balance due upon maturity.
[2] Represents the aggregate of three separate mortgage loans for the three senior housing properties acquired in Utah. Fixed rate debt with interest only payments due monthly for the first two years, then principal and interest on a 30-year amortization schedule beginning March 2020.
[3] Fixed rate debt with interest only payments due monthly for the first four years, then principal and interest on a 30-year amortization schedule beginning September 2022.
[4] The variable rate reflected in the table was the rate in effect as of December 31, 2023. Subsequent to December 31, 2023, on March 13, 2024, we amended the KeyBank Bridge Loans such that the maturity date was further extended to June 30, 2025. Please see Note 9 – Subsequent Events for additional details.