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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues      
Rental income $ 88,400,690 $ 79,762,964 $ 73,892,393
Laundry and sundry income 795,854 769,586 588,975
Total Revenues 89,196,544 80,532,550 74,481,368
Expenses      
Administrative 3,122,303 2,935,887 2,900,432
Depreciation and amortization 23,263,058 16,983,336 16,773,045
Management fee 3,462,305 3,178,006 2,948,066
Operating 9,660,314 7,800,574 7,748,910
Renting 1,364,429 1,148,593 1,004,666
Repairs and maintenance 14,918,524 13,115,843 13,366,079
Taxes and insurance 11,656,577 9,999,058 9,954,214
Property impairment 400,000   971,109
Total Expenses 67,847,510 55,161,297 55,666,521
Income Before Other Income (Expense) 21,349,034 25,371,253 18,814,847
Other Income (Expense)      
Interest income 1,795,044 4,465,557 4,486,603
Interest expense (18,586,782) (15,457,325) (15,723,733)
Income from investments in unconsolidated joint ventures 1,473,960 1,282,102 876,233
Total Other Income (Expense) (15,317,778) (9,709,666) (10,360,897)
Net Income $ 6,031,256 $ 15,661,587 $ 8,453,950
Income per Unit      
Net Income per Unit $ 51.75 $ 133.83 $ 71.34
Weighted Average Number of Units Outstanding 116,548 117,022 118,500