secwatch.observer — SEC 8-K summary
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Issuer:     Strategic Storage Trust VI, Inc. (SGST)
CIK:        0001852575
Form:       8-K
Filed at:   2022-12-07T23:59:59+00:00
Accession:  0000950170-22-026142
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SST VI reports Q3 2022 revenue $2.64M, NOI $1.34M; portfolio grows to 14 properties, $233M total
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- Q3 revenue $2,641,771, NOI $1,340,881; avg occupancy 83% at 14 operating facilities (up from 76% in Q2).
- Portfolio of 14 self storage properties totals $233.65M, ~1.1M sq ft, 9,565 units, 84% occupancy as of Oct 2022.
- Approx. $142M equity raised as of Oct 2022; 57% loan-to-value; $30M acquisition pipeline.
- Distribution rate $0.62/share annually for Class A/T/W (T and W reduced by servicing fees).
- Sequential improvement: Q3 NOI $1.34M vs Q2 $0.81M; operating facilities increased from 11 to 14.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852575/000095017022026142/0000950170-22-026142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852575/000095017022026142/sstvi-20221207.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-026142

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer