Quarterly report pursuant to Section 13 or 15(d)

Real Estate Assets (Tables)

v3.22.2
Real Estate Assets (Tables)
6 Months Ended
Jun. 30, 2022
Real Estate [Abstract]  
Summary of Carrying Value of Real Estate Assets

The carrying value of the Company’s real estate assets is summarized as follows

 

 

 

June 30, 2022

 

 

December 31, 2021

 

Land

 

$

6,122,065

 

 

$

6,122,065

 

Buildings, improvements, and equipment

 

 

60,585,976

 

 

 

60,571,060

 

Self storage properties

 

 

66,708,041

 

 

 

66,693,125

 

Less: Accumulated depreciation

 

 

(9,112,442

)

 

 

(8,303,059

)

Real estate assets, net

 

$

57,595,599

 

 

$

58,390,066