Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Self storage rental revenue	$ 6,577,587	$ 3,887,427
Ancillary operating revenue	39,324	32,175
Total revenues	6,616,911	3,919,602
Operating expenses:
Property operating expenses	2,928,714	1,801,181
Property operating expenses – affiliates	1,280,595	823,344
General and administrative	1,554,738	882,331
Depreciation	3,175,232	1,933,531
Intangible amortization expense	1,039,598	877,534
Acquisition expense - affiliates	178,423	138,172
Other property acquisition expenses	54,041	101,806
Total operating expenses	10,211,341	6,557,899
Operating loss	(3,594,430)	(2,638,297)
Other income (expense):
Interest expense	(4,710,295)	(3,125,188)
Interest expense - debt issuance costs	(276,258)	(208,543)
Derivative fair value adjustment	1,616,316
Other	187,818	5,382
Foreign currency adjustment	(2,206,103)	(468,154)
Net loss	(8,982,952)	(6,434,800)
Less: Distributions to preferred unitholders in our Operating Partnership		(177,917)
Less: Distributions to preferred stockholders	(3,166,042)
Less: Accretion of preferred equity costs		(15,848)
Net loss attributable to the noncontrolling interests in our Operating Partnership	225,373	208,425
Net loss attributable to Strategic Storage Trust V1, Inc. common stockholders	$ (11,923,621)	$ (6,420,140)
Class P Common Stock
Other income (expense):
Net loss per share-basic	$ (0.55)	$ (0.38)
Net loss per share-diluted	$ (0.55)	$ (0.38)
Weighted average shares outstanding - basic	11,137,137	10,880,524
Weighted average shares outstanding - diluted	11,137,137	10,880,524
Class A Common Stock
Other income (expense):
Net loss per share-basic	$ (0.55)	$ (0.38)
Net loss per share-diluted	$ (0.55)	$ (0.38)
Weighted average shares outstanding - basic	3,351,907	2,141,323
Weighted average shares outstanding - diluted	3,351,907	2,141,323
Class T Common Stock
Other income (expense):
Net loss per share-basic	$ (0.55)	$ (0.38)
Net loss per share-diluted	$ (0.55)	$ (0.38)
Weighted average shares outstanding - basic	5,302,182	3,598,879
Weighted average shares outstanding - diluted	5,302,182	3,598,879
Class W Common Stock
Other income (expense):
Net loss per share-basic	$ (0.55)	$ (0.38)
Net loss per share-diluted	$ (0.55)	$ (0.38)
Weighted average shares outstanding - basic	690,352	314,596
Weighted average shares outstanding - diluted	690,352	314,596
Class Y Common Stock
Other income (expense):
Net loss per share-basic	$ (0.55)
Net loss per share-diluted	$ (0.55)
Weighted average shares outstanding - basic	940,270
Weighted average shares outstanding - diluted	940,270
Class Z Common Stock
Other income (expense):
Net loss per share-basic	$ (0.55)
Net loss per share-diluted	$ (0.55)
Weighted average shares outstanding - basic	86,161
Weighted average shares outstanding - diluted	86,161