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Related Party Transactions - Summary of Related Party Costs - Related Party Transactions (Detail) - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Related Party Transaction [Line Items]    
Related party costs, Incurred $ 1,600,796 $ 3,129,228
Related party costs, Paid 851,227 550,000
Related party costs, Payable 16,412,884 15,663,315
Discontinued operations    
Related Party Transaction [Line Items]    
Related party costs, Incurred [1] 252,711  
Related party costs, Payable [1] 252,711  
Operating Expenses Including Organizational Costs [Member]    
Related Party Transaction [Line Items]    
Related party costs, Incurred 285,739 527,934
Related party costs, Paid 563,769 249,904
Related party costs, Payable 0 278,030
Transfer Agent Expenses [Member]    
Related Party Transaction [Line Items]    
Related party costs, Incurred 60,026 116,991
Related party costs, Paid 60,026 116,991
Related party costs, Payable 0  
Asset Management Fees [Member]    
Related Party Transaction [Line Items]    
Related party costs, Incurred 747,030 1,943,495
Related party costs, Paid 227,432 183,105
Related party costs, Payable 11,113,406 10,593,808
Property Management Oversight Fees [Member]    
Related Party Transaction [Line Items]    
Related party costs, Incurred 255,290 540,808
Related party costs, Payable 2,899,886 2,644,596
Acquisition Expenses-Affiliates Capitalized [Member]    
Related Party Transaction [Line Items]    
Related party costs, Payable 1,980,000 1,980,000
Additional Paid-in Capital Offering Costs [Member]    
Related Party Transaction [Line Items]    
Related party costs, Payable $ 166,881 $ 166,881
[1] Includes asset management fees and property management oversight fees related to the Fayetteville property classified as discontinued operations.