Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v2.4.1.9
Balance Sheets (USD $)
Aug. 31, 2014
Aug. 31, 2013
Investment in real estate:    
Building and improvements $ 21,867,065us-gaap_BuildingsAndImprovementsGross $ 0us-gaap_BuildingsAndImprovementsGross
Less: accumulated depreciation (129,081)us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation 0us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation
Investment in real estate, net 21,737,984us-gaap_RealEstateInvestmentPropertyNet 0us-gaap_RealEstateInvestmentPropertyNet
Cash 162,985us-gaap_Cash 3,519us-gaap_Cash
Escrow deposits 14,940us-gaap_EscrowDeposit 0us-gaap_EscrowDeposit
Prepaid expense 19,307us-gaap_PrepaidExpenseCurrentAndNoncurrent 0us-gaap_PrepaidExpenseCurrentAndNoncurrent
Deferred financing costs, net 309,543us-gaap_DeferredFinanceCostsNet 0us-gaap_DeferredFinanceCostsNet
Total assets 22,244,759us-gaap_Assets 3,519us-gaap_Assets
Liabilities:    
Accrued interest and other 176,153us-gaap_InterestPayableCurrentAndNoncurrent 19,044us-gaap_InterestPayableCurrentAndNoncurrent
Due to related parties 213,000us-gaap_DueToRelatedPartiesCurrent 380us-gaap_DueToRelatedPartiesCurrent
Convertible debenture, due to related party 4,536,102us-gaap_ConvertibleDebtCurrent 0us-gaap_ConvertibleDebtCurrent
Note payable to shareholder 38,195fil_NotePayableToShareholder 0fil_NotePayableToShareholder
Note payable 15,060,000us-gaap_LongTermNotesPayable 0us-gaap_LongTermNotesPayable
Total liabilities 20,023,450us-gaap_Liabilities 19,424us-gaap_Liabilities
Shareholders' equity (deficit):    
Preferred stock, $0.001 par value, 100,000,000 shares authorized; no shares issued and outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock $0.001 par value, 100,000,000 shares authorized; 250,000 and 20,000 shares issued and outstanding at August 31, 2014 and 2013, respectively 250us-gaap_CommonStockValue 20us-gaap_CommonStockValue
Additional paid-in capital 3,011,790us-gaap_AdditionalPaidInCapital 79,980us-gaap_AdditionalPaidInCapital
Accumulated deficit (790,731)us-gaap_RetainedEarningsAccumulatedDeficit (95,905)us-gaap_RetainedEarningsAccumulatedDeficit
Total shareholders' equity (deficit) 2,221,309us-gaap_StockholdersEquity (15,905)us-gaap_StockholdersEquity
Total liabilities and shareholders' equity $ 22,244,759us-gaap_LiabilitiesAndStockholdersEquity $ 3,519us-gaap_LiabilitiesAndStockholdersEquity