Strategic Storage Trust VI, Inc. (SST VI), a publicly registered real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc., has acquired a 490-unit self-storage facility in St. Johns, Fla.
This is the 14th acquisition in SST VI and its first acquisition in the Greater Jacksonville Market. Since SST VI launched as a private REIT in the first quarter of 2021, the REIT has purchased approximately $205 million of self-storage facilities and properties to be developed into self-storage.
Located at 10030 Ew Pappy Road, the facility includes two two-story buildings and a detached two-story leasing office. It features approximately 60,000 square feet of rental space with a mix of interior climate-controlled units, exterior drive-up units and outdoor RV parking. The property is easily accessible from Highway 210 and is situated less than two miles from the new master-planned communities of Beacon Lake and Beachwalk.
“This acquisition r
