SGSTOTCReal Estate Investment TrustsUS GAAP · USD

Strategic Storage Trust VI, Inc.

Strategic Storage Trust VI, Inc. is a Maryland-based real estate investment trust focused on acquiring, owning, and operating self storage facilities. Its portfolio includes operating storage properties, development properties, and interests in unconsolidated joint ventures across the United States and Canada.

Kysy yhtiöstä
Liikevaihto30,7milj. USD
+8,8 %v/v
Liikevoitto (EBIT)−5,8milj. USD
+43,7 %v/v
EBIT-marginaali−18,9%
+17,6 %-yks.v/v
Nettotulos−24,0milj. USD
+32,5 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2021–2025

−20−10010203040milj. USD2021: 1,3 milj. USD2021: EBIT −2,6 milj. USD20212022: 8,8 milj. USD2022: EBIT −7,3 milj. USD20222023: 21 milj. USD2023: EBIT −15 milj. USD20232024: 28 milj. USD2024: EBIT −10 milj. USD20242025: 31 milj. USD2025: EBIT −5,8 milj. USD202531−5,8
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Self storage rentals85 %

Rental income from storage units leased to individual and business tenants on a month-to-month basis.

Storage-related merchandise5 %

Sales of packing, moving, and storage supplies at facility locations.

Development properties5 %

New self storage facilities under construction or in lease-up that are intended to become operating assets.

Unconsolidated joint ventures5 %

Equity interests in self storage ventures with shared ownership and development exposure.

Asiakkaat

The company serves tenants that need short-term or flexible storage space, including households, movers, and small businesses. Demand is driven by occupancy needs, relocation activity, and the need for convenient local storage rather than long-term contracts.

Household storage tenants

Individuals and families renting units for personal belongings, seasonal items, or life transitions.

Moving and relocation customers

Customers using storage during moves, home renovations, or temporary housing changes.

Small business users

Local businesses renting space for inventory, tools, records, or equipment.

Supply buyers

Tenants and walk-in customers purchasing boxes, locks, and packing materials.

Strategia

The company’s strategy is to expand its self storage portfolio through acquisitions, development, and participation in joint ventures. It also seeks to improve portfolio performance by keeping facilities occupied, supporting lease-up properties, and maintaining pricing power in local markets.

Grow the storage portfolioKeskipitkä aikaväli

Scale is built by adding operating and development assets across selected markets.

Lease up and stabilize assetsLyhyt aikaväli

Occupancy and rent realization drive cash generation in a month-to-month storage model.

Preserve pricing powerLyhyt aikaväli

Rental rates and occupancy are central to revenue in self storage markets.

Maantiede

The portfolio is concentrated in the United States and Canada, with operating properties in seven U.S. states and three Canadian provinces. The company also has development exposure in Florida and Ontario and joint venture interests in Ontario and Quebec, which adds cross-border operating and regulatory complexity.

Riskit

The business is exposed to occupancy, pricing, and tenant-retention risk because revenue depends on month-to-month leases and local market demand. It also faces development, financing, and REIT-specific distribution risks, while competition and new supply can pressure facility performance.

Järjestetty vakavuuden mukaan
Occupancy and tenant retention riskKorkea

Revenue depends on keeping units filled and tenants paying on month-to-month leases.

Kohdistuu: Operating self storage facilities

Competitive supply riskKorkea

New self storage development in local markets can reduce occupancy and rental rates.

Kohdistuu: U.S. and Canadian storage markets

Financing and refinancing riskKorkea

The REIT may need debt or equity capital to fund growth and meet distribution requirements.

KohdistuuAcquisitionsDevelopmentDistributions
REIT qualification and distribution riskKorkea

Failure to distribute required taxable income could affect REIT status and cash needs.

Kohdistuu: Taxable income and shareholder distributions

Development and construction riskKeskitaso

Delays, defects, or cost overruns can slow the conversion of projects into income-producing assets.

Kohdistuu: Florida and Ontario development properties

Kirjanpito

Harkinnanvaraiset erät
Real estate purchase price allocation

Acquisition accounting requires allocating cost to land, buildings, and intangibles using fair value estimates.

Vaikutus: Affects asset basis, depreciation, and future impairment risk

Long-lived asset impairment

Storage properties and development projects must be tested if indicators of impairment arise.

Vaikutus: Can create non-cash write-downs

Useful lives and depreciation

Management estimates the period of benefit for buildings and improvements.

Vaikutus: Changes depreciation expense and reported earnings

Joint venture consolidation

The company must assess whether its 50% interests should be consolidated or equity-accounted.

Vaikutus: Affects reported assets, liabilities, and revenue presentation

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Päivitetty: 24.9.2026

Strategic Storage Trust VI, Inc. (OTC) – Real Estate Investment Trusts | Analyysi – Clarifo