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Real Estate Assets (Tables) | 12 Months Ended
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Dec. 31, 2024
Real Estate [Abstract] |
Real Estate Assets Owned by Partnership | The following tables summarize information regarding the Partnership’s real estate assets as of December 31, 2024 and 2023:
|  |  |  | December 31, 2024 |  |  | December 31, 2023 |
Property Name |  | Location |  | Land and Land Improvements |  |  | Buildings and Improvements |  |  | Carrying Value |  |  | Land and Land Improvements |  |  | Buildings and Improvements |  |  | Carrying Value |
Vantage at San Marcos (1) |  | San Marcos, TX |  |  | 2,660,615 |  |  |  | 1,136,167 |  |  |  | 3,796,782 |  |  |  | 2,660,615 |  |  |  | 946,043 |  |  |  | 3,606,658 |
Land held for development |  | Richland County, SC |  |  | 1,109,482 |  |  |  | - |  |  |  | 1,109,482 |  |  |  | 1,109,482 |  |  |  | - |  |  |  | 1,109,482 |
|  |  |  |  |  |  |  |  |  | $ | 4,906,264 |  |  |  |  |  |  |  |  | $ | 4,716,140 |
Less accumulated depreciation |  |  |  |  |  |  |  |  |  |  | - |  |  |  |  |  |  |  |  |  | - |
Real estate assets, net |  |  |  |  |  |  |  |  |  | $ | 4,906,264 |  |  |  |  |  |  |  |  | $ | 4,716,140 |
(1) The assets are owned by a consolidated VIE for future development of a market-rate multifamily property. See Note 3 for further information.
Schedule of Net Loss Exclusive of Gains on Sale of MF Property | Net loss, exclusive of the gains on sale, related to The 50/50 MF Property and the Suites on Paseo MF Property for the years ended December 31, 2024, 2023, and 2022 was as follows
|  | For the Years Ended December 31, |  |
|  | 2024 |  |  | 2023 |  |  | 2022 |  |
Net loss |  | $ | - |  |  | $ | (234,776 | ) |  | $ | (649,222 | ) |

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- Definition Schedule of net loss, exclusive of gains on sale of MF property. + References No definition available. + Details
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- Definition Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations. + References No definition available. + Details
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