Calculating the current occupancy · Freedom Through Storage

Calculating the current occupancy

During underwriting, I'm using the occupancy rate to determine the current price. I'm using financial occupancy instead of the physical occupancy. Now how do you determine what the current occupancy rate is? Are you using the current month's occupancy rate or do you use the average of the trialing 12-months so you take the whole off-peak/on-peak seasons into account? Using only the current month's occupancy rate doesn't seem right (will depend on which month you are using), but I want to confirm.

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