Self storage · Sacramento, California
Big Oaks Mini Storage
Big Oaks Mini Storage is financed with a $5.2M CMBS loan at 4.906% that reaches maturity on May 11, 2032, in 5 years and 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,223,593
- Original balance (same notes)
- $5,500,000
- Interest rate
- 4.906% fixed
- Originated
- May 3, 2022
- Maturity
- May 11, 2032
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ends
- February 10, 2032
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3932 Tate Street, Sacramento, CA 95838
- Metro
- Sacramento-Roseville-Folsom, CA
- Rentable area
- 84,350 sq ft
- Units, rooms or beds
- 845
- Built
- 1986
- Value at securitization
- $13.9M (Mar 2022)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 2.01x | 2.14x |
| Occupancy | 99% | 93% |
| Net operating income | $706K | $750K |
| Debt yield | 14.4% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BANK 2022-BNK42 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Occupancy has fallen from 99% when the loan was securitized to 93%.
- Net operating income is 6% above the underwritten figure ($750K a year against $706K).
- Debt service coverage moved from 2.01x at securitization to 2.14x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.2M | Current | No | 2.14x | 93% |
| August 2026 | $5.2M | Current | No | 2.14x | 93% |
| July 2026 | $5.2M | Current | No | 2.14x | 93% |
| June 2026 | $5.2M | Current | No | 2.14x | 93% |
| May 2026 | $5.3M | Current | No | 2.14x | 93% |
| April 2026 | $5.3M | Current | No | 2.21x | 93% |
| March 2026 | $5.3M | Current | No | 2.21x | 93% |
| February 2026 | $5.3M | Current | No | 2.21x | 93% |
| January 2026 | $5.3M | Current | No | 2.21x | 93% |
| December 2025 | $5.3M | Current | No | 2.21x | 93% |
| November 2025 | $5.3M | Current | No | 2.25x | 95% |
| October 2025 | $5.3M | Current | No | 2.21x | 92% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2022-BNK42 | 26 | $5,223,593 | Sep 2026 | SEC filing, September 29, 2026 |
Other Sacramento-Roseville-Folsom loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Prospector Plaza | Placerville, CA | Retail | $21.6M | 4.26% | Feb 2032 | 1.66x | 100% | Current |
| Rancho Cordova Town Center | Rancho Cordova, CA | Retail | $20.0M | 3.885% | Feb 2032 | n/a | n/a | Current |
| South Valley Center | Sacramento, CA | Office | $9.5M | 5.14% | May 2032 | 2.03x | 93% | Current |
| Superior Self Storage | Gold River, CA | Self storage | $7.9M | 3.82% | Mar 2032 | 2.84x | 79% | Current |
| Super Mini Storage | Sacramento, CA | Self storage | $5.5M | 5.19% | May 2032 | n/a | n/a | Current |
| Golden Terrace Apartments | Cameron Park, CA | Multifamily | $4.5M | 3.88% | Jan 2032 | 2.43x | 97% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.