StockWatch
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Real Estate Investment Trusts
Quarterly UpdatesMay 12, 2026, 06:08 AM

SmartStop Self Storage Reports April Occupancy 92.6%, Web Rates Down

AI Summary

SmartStop Self Storage REIT, Inc. provided key operational metrics for its same-store facilities for March and April 2026. Physical occupancy slightly decreased year-over-year, reaching 92.6% in April 2026 compared to 93.0% in April 2025. Monthly web rates and move-in rates also saw declines, while monthly in-place rates increased to $1.65 for both March and April 2026, up from $1.62 in the prior year.

Key Highlights

  • Physical occupancy as of April 30, 2026, was 92.6%, down from 93.0% in 2025.
  • Physical occupancy as of March 31, 2026, was 92.3%, down from 93.0% in 2025.
  • Monthly web rates as of April 30, 2026, were $1.03, down from $1.13 in 2025.
  • Monthly web rates as of March 31, 2026, were $1.04, down from $1.07 in 2025.
  • Monthly move-in rates as of April 30, 2026, were $0.92, down from $0.99 in 2025.
  • Monthly in-place rates as of April 30, 2026, were $1.65, up from $1.62 in 2025.