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Storage Depot of Utah - Layton (SDU) – Net Rentals: 3 (up 3 YoY); Occupancy: 88.9% (+2.7 pp YoY); Occupied Revenue: $14,464 (up $2,452 (20.4%) YoY).Storage Depot of Utah - West Valley (SDU) – Net Rentals: 5 (up 5 YoY); Occupancy: 88.8% (+2.8 pp YoY); Occupied Revenue: $18,178 (up $3,142 (20.9%) YoY).
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SDU November MTD
SDU Portfolio
The SDU (Utah) portfolio’s two sites earned about $545K combined YTD revenue (West Valley ~$303K; Layton ~$241K). Overall move-ins (253) nearly matched move-outs (257), indicating stable occupancy with a very slight net loss. Turnover is moderate, as one site (West Valley) saw relatively high churn (155 move-ins vs 161 move-outs) while the other (Layton) was almost balanced at 98 vs 96. The West Valley, UT location was the top earner at about $303K, with Layton, UT slightly lower at roughly $241K.
Copy of Table 24
Site
Leads (2025)
Leads (2024)
Δ (Abs)
Δ (%)
Conv Rate (2025)
Conv Rate (2024)
Δ (pp)
Δ (%) 8
Move-Ins (2025)
Move-Ins (2024)
Δ (Abs) 11
Δ (%) 12
Move-Outs (2025)
Move-Outs (2024)
Δ (Abs) 15
Δ (%) 16
Net Rentals (2025)
Net Rentals (2024)
Δ (Abs) 19
Δ (%) 20
Unit Occ (2025)
Unit Occ (2024)
Δ (pp) 23
Δ (%) 24
Occupied Rate (2025)
Occupied Rate (2024)
Δ (Abs) 27
Δ (%) 28
Storage Depot of Utah - Layton
7
16
-9
-56.2%
28.6%
43.8%
-15.2
-34.7%
9
8
1
12.5%
11
1
10
1,000%
-2
7
-9
-128.6%
81.3%
81.2%
0.1
0.1%
22,286
21,910
376
1.7%
Storage Depot of Utah - West Valley
8
17
-9
-52.9%
37.5%
41.2%
-3.7
-8.9%
10
7
3
42.9%
5
4
1
25%
5
3
2
66.7%
79.6%
84.1%
-4.5
-5.3%
27,870
28,126
-256
-0.9%
Total
15
33
-18
-54.5%
33.3%
42.4%
-9.1
-21.4%
19
15
4
26.7%
16
5
11
220%
3
10
-7
-70%
80.3%
82.9%
-2.6
-3.1%
50,156
50,036
120
0.2%
There are no rows in this table
November 2025 MTD Site Performance by Portfolio
In each portfolio, sites are categorized as Performing (showing positive year-over-year trends in most or all key metrics) or Underperforming (showing flat or negative YoY performance). The key metrics evaluated are Net Rentals (move-ins minus move-outs), Occupancy (percent of units occupied), and Occupied Revenue (rent collected), comparing November 2025 month-to-date to the same period in 2024. Performance classification is based on a composite of these metrics – for example, sites with improvements in at least two of the three metrics are labeled Performing. Below, for each site we list its Net Rentals with YoY absolute change (and % where meaningful), Occupancy with YoY change in percentage points (pp), and Occupied Revenue with YoY absolute and % change.
Performing:
Underperforming: None – all SDU sites show positive YoY growth in these metrics.
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