other material
confidence high
sentiment neutral
materiality 0.50
SmartStop Self Storage reports April 2025 same-store occupancy at 93.1%; move-in rates down to $0.99
SmartStop Self Storage REIT, Inc.
- Physical occupancy for same-store facilities rose to 93.1% as of April 30, 2025, from 92.1% a year ago.
- Monthly web rates decreased to $1.11 per sq ft from $1.12; move-in rates fell to $0.99 from $1.09.
- Monthly in-place rates were flat at $1.62 vs $1.63 per sq ft in the prior-year period.
- Same-store portfolio includes stabilized properties in operation since Jan 1, 2024, excluding four others.