Self storage · Indianapolis, Indiana
Commercial Self Storage - Castleton
Commercial Self Storage - Castleton is financed with a $5.3M CMBS loan at 5.46% that reaches maturity on September 1, 2028, in 22 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,250,728
- Original balance (same notes)
- $6,000,000
- Interest rate
- 5.46% fixed
- Originated
- August 24, 2018
- Maturity
- September 1, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- June 30, 2028
- Master servicer
- KeyBank National Association
- Originator
- KeyBank
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 8070 Castleton Road, Indianapolis, IN 46250
- Metro
- Indianapolis-Carmel-Greenwood, IN
- Rentable area
- 66,811 sq ft
- Units, rooms or beds
- 147
- Built
- 1974
- Value at securitization
- $9.8M (Aug 2018)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.44x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $588K | n/a |
Watch flags
Computed from the Morgan Stanley Capital I Trust 2018-L1 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.3M | Current | No | n/a | n/a |
| August 2026 | $5.3M | Current | No | n/a | n/a |
| July 2026 | $5.3M | Current | No | n/a | n/a |
| June 2026 | $5.3M | Current | No | n/a | n/a |
| May 2026 | $5.3M | Current | No | n/a | n/a |
| April 2026 | $5.3M | Current | No | 1.91x | n/a |
| March 2026 | $5.3M | Current | No | 1.95x | 85% |
| February 2026 | $5.3M | Current | No | 1.95x | 85% |
| January 2026 | $5.3M | Current | No | 1.95x | 85% |
| December 2025 | $5.3M | Current | No | 2.00x | 89% |
| November 2025 | $5.3M | Current | No | 2.00x | 89% |
| October 2025 | $5.4M | Current | No | 2.00x | 89% |
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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2018-L1 | 36 | $5,250,728 | Sep 2026 | SEC filing, October 2, 2026 |
Other Indianapolis-Carmel-Greenwood loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Meridian Plaza | Carmel, IN | Office | $31.5M | 7.67% | Jun 2028 | 1.72x | 74% | Current |
| Castleton Commons and Square | Indianapolis, IN | Retail | $30.8M | 5.605% | Nov 2028 | 1.04x | 76% | With the special servicer and 90+ days delinquent |
| Meridian at North | Indianapolis, IN | Office | $23.9M | 5.076% | Sep 2028 | 0.59x | 65% | Current |
| Villa Del Sol Apartments | Indianapolis, IN | Multifamily | $22.7M | 4.56% | Apr 2028 | 2.96x | 100% | Current |
| Franklin Road Distribution Center | Indianapolis, IN | Industrial | $18.5M | 5.486% | Dec 2028 | 2.07x | 84% | Current |
| Embassy Suites Indianapolis North | Indianapolis, IN | Hotel | $18.1M | 5.30% | Mar 2028 | 0.15x | 73% | Current |
| GRM Indianapolis | Indianapolis, IN | Industrial | $17.0M | 6.26% | May 2028 | 2.01x | 100% | Current |
| Lakeside Pointe At Nora | Indianapolis, IN | Multifamily | $15.2M | 5.98% | Nov 2028 | n/a | n/a | Current |
All loans maturing in 2028 · All Indianapolis-Carmel-Greenwood loans
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.