Strategic Storage Trust VI, Inc. Announces Estimated NAV Per Share
Strategic Storage Trust VI, Inc. Announces Estimated Net Asset Value Per Share of \$10.00
Key Highlights
- Estimated Net Asset Value (NAV): SST VI’s board of directors has approved an estimated NAV per share of \$10.00 for Class P, Class A, Class T, Class W, Class Y, and Class Z common stock, calculated as of September 30, 2025.
- Valuation Process: The NAV was determined with the assistance of Robert A. Stanger & Co., Inc., an independent third-party valuation firm. Stanger’s analysis provided a NAV per share range of \$8.30 to \$10.76, with a midpoint of \$9.74. The board adopted the \$10.00 value, slightly above the midpoint, after reviewing the reports and considering growth potential in the portfolio.
- Portfolio Strength: SST VI’s portfolio consists of 26 wholly-owned properties and five unconsolidated joint venture properties across the United States and Canada. The company strategically shifted capital toward high-quality Canadian opportunities during the post-COVID U.S. self-storage boom, avoiding aggressively priced U.S. acquisitions.
- Portfolio Size and Performance: As of March 23, 2026, SST VI owns 13 operating properties in the U.S. (9,015 units, 1,079,395 rentable square feet including parking) and 11 properties in Canada (10,205 units, 1,067,715 rentable square feet including parking). Additionally, it holds joint venture interests in four operational and one development property in Ontario and Québec, and one wholly owned development property in Ontario.
- Growth in NAV: Estimated NAV increased from \$226.6 million as of March 31, 2024, to \$273.2 million as of September 30, 2025, demonstrating significant asset growth.
Important Information for Shareholders
- Price Sensitivity: The reaffirmed NAV of \$10.00 per share is a potentially price-sensitive disclosure, as it reflects the board’s confidence in the portfolio’s value and strategic positioning. This NAV is above the midpoint of the independent valuation range, which may positively influence investor sentiment.
- Valuation Assumptions: The NAV estimate is based on several assumptions and is not audited. It does not represent the fair value of the company’s assets and liabilities according to GAAP, nor does it reflect the price at which shares would trade on a national securities exchange or in a liquidity event.
- Strategic Shift: The decision to invest in Canadian markets, where the company saw more favorable pricing and compelling long-term fundamentals, is a critical differentiator. This approach was adopted during a period when U.S. self-storage property prices surged post-pandemic.
- Potential Risks: Forward-looking statements in the report note that actual results may differ materially from projections due to risks and uncertainties. SST VI’s ability to generate positive cash flow, provide distributions, and find suitable investments could affect future performance and share values.
- Management and Sponsor: SST VI is sponsored by SmartStop Self Storage REIT, Inc. (NYSE: SMA), which operates over 460 properties in North America and has a robust platform for growth and management.
Detailed Portfolio Overview
SST VI’s diverse portfolio includes stabilized and growth self-storage assets in both the U.S. and Canada, with investments in wholly owned properties and joint ventures. The company’s operational performance and strategic asset management initiatives are designed to enhance long-term shareholder value.
The company’s Canadian expansion includes joint ventures and development projects in Ontario and Québec, signaling a focus on markets with attractive fundamentals.
Forward-Looking Statements and Risks
The report contains forward-looking statements regarding SST VI’s plans, strategies, and prospects, which are subject to risks and uncertainties. These may include operational challenges, market fluctuations, and changes in asset values. Shareholders are cautioned not to place undue reliance on these statements, as results may differ from expectations.
Contacts
- Investor Relations: David Corak, Senior VP of Corporate Finance and Strategy, SmartStop Self Storage REIT, Inc. ([email protected])
- Media Relations: Spotlight Marketing Communications, Julie ([email protected]), 949-427-1391
Disclaimer
This article contains information based on Strategic Storage Trust VI, Inc.’s press release and SEC filings. The estimated net asset value per share is subject to assumptions and estimates that may not prove accurate. Investors should read the full Form 8-K filing and consult their financial advisors before making investment decisions. This article does not constitute investment advice, and past performance is not indicative of future results. Forward-looking statements are subject to risks and uncertainties, and actual results may differ materially.
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