SST VI Q1 revenue $6.6M (+69% YoY), NOI $3.3M, occupancy 85%

Strategic Storage Trust VI, Inc.

Revenue $6.6M, NOI $3.3M, property expenses 50% of revenue (24 operating facilities).
Average physical occupancy 85% vs 78% in Q1 2023; portfolio grew from 17 to 24 facilities.
Approx. $350M raised since inception; loan-to-total-assets ratio 51% as of 3/31/24.
Distributions of $0.62/share/year paid entirely from offering proceeds; accumulated deficit ~$76M.
Sponsor contributed $5M; six Canadian development projects underway via JVs.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.