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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Assets    
Real estate assets, net $ 54,727,596 $ 55,481,220
Cash and cash equivalents 6,956,246 6,921,779
Restricted cash 145,597 106,767
Investments in securities 2,679,681 2,775,029
Accounts receivable 155,626 169,410
Prepaid expenses and other assets 641,327 629,196
Line of credit issuance costs, net   50,801
Interest rate cap 1,656 50,881
Goodwill 694,121 694,121
Total assets 66,001,850 66,879,204
Liabilities and equity    
Note payable, net 16,632,091 16,901,219
Accounts payable and accrued expenses 1,747,532 1,731,958
Total liabilities 18,379,623 18,633,177
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value: 50,000,000 shares authorized; no shares outstanding
Common stock, $0.01 par value: 450,000,000 shares authorized; 11,266,761 shares and 11,153,513 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 112,668 111,535
Additional paid in capital 49,371,816 49,229,020
Accumulated deficit (1,862,257) (1,094,528)
Total stockholders' equity 47,622,227 48,246,027
Total liabilities and stockholders' equity $ 66,001,850 $ 66,879,204