secwatch.observer — SEC 8-K summary
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Issuer:     Strategic Storage Trust VI, Inc. (SGST)
CIK:        0001852575
Form:       8-K
Filed at:   2023-04-06T23:59:59+00:00
Accession:  0000950170-23-012026
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SST VI reports Q4 2022 revenue $3.3M, NOI $1.85M; portfolio grows to 17 properties
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- Q4 2022 revenue $3.32M vs $2.64M in Q3 2022; NOI $1.85M vs $1.34M.
- Property operating expenses as % of revenue improved to 44% from 49%.
- Portfolio: 17 self storage properties + 4 JV developments, $309M total, 1.5M RSF, 12,600 units, 81% occupancy.
- Equity raised approx. $162M as of 3/31/23; loan-to-value 57%.
- Annual distribution rate $0.62/share for Class A, T, W shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852575/000095017023012026/0000950170-23-012026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852575/000095017023012026/sstvi-20230406.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-012026

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