Self storage · Little Rock, Arkansas

Convenient Self Storage

Convenient Self Storage is financed with a $3.6M CMBS loan at 3.68% that reaches maturity on October 1, 2030, in 3 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.

The loan

Balance in tracked trusts
$3,592,646
Original balance (same notes)
$3,800,000
Interest rate
3.68% fixed
Originated
September 2, 2020
Maturity
October 1, 2030
Payments
Interest only for 37 months, then amortizing
Prepayment lockout ends
June 30, 2030
Master servicer
Trimont LLC
Originator
Morgan Stanley Bank, N.A.

Status

Payment status
Current (code 0)
Special servicing
No transfer reported
Defeasance
None reported

The property

Address
4324 South Shackelford Road, Little Rock, AR 72204
Metro
Little Rock-North Little Rock-Conway, AR
Rentable area
66,825 sq ft
Units, rooms or beds
510
Built
2007, renovated 2011
Value at securitization
$5.8M (Jul 2020)

Performance

Underwritten figures against the most recent reported figures
At securitizationLatest (Jun 2026)
DSCR (NOI)1.72x1.68x
Occupancy87%74%
Net operating income (annualized from 6 months)$360K$354K
Debt yield9.8%

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 2020-BNK28 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.

  • Occupancy down 10 points or more from securitization

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 87% when the loan was securitized to 74%.

The last 12 monthly reports

Report monthBalancePayment statusSpecial servicerDSCROccupancy
September 2026$3.6MCurrentNo1.68x74%
August 2026$3.6MCurrentNo1.61x77%
July 2026$3.6MCurrentNo1.61x77%
June 2026$3.6MCurrentNo1.61x77%
May 2026$3.6MCurrentNo1.61x77%
April 2026$3.6MCurrentNo1.61x77%
March 2026$3.6MCurrentNo1.61x77%
February 2026$3.6MCurrentNo1.61x77%
January 2026$3.6MCurrentNo1.73x79%
December 2025$3.6MCurrentNo1.73x79%
November 2025$3.7MCurrentNo1.73x79%
October 2025$3.7MCurrentNo1.77x79%

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.

TrustLoan no.BalanceReport periodSource
BANK 2020-BNK2837$3,592,646Sep 2026SEC filing, September 29, 2026

Alert me when this loan changes

One email after any monthly filing that changes this loan: a move to or from the special servicer, a payment status of 30+ days late or matured, a paydown of 1% or more, or coverage moving 0.15x or occupancy 5 points. Privacy

Other Little Rock-North Little Rock-Conway loans due in 2030

Property Location Type Balance Rate Matures DSCR Occ. Status
Simmons Tower Little Rock, AR Office $32.5M 6.841% Sep 2030 n/a n/a Current
2505 Salem Road Conway, AR Self storage $20.9M 6.605% Jul 2030 n/a n/a Current
Renaissance Point Little Rock, AR Multifamily $19.0M 6.344% Dec 2030 1.70x 91% Current
Clc Spaces Storage Little Rock Little Rock, AR Self storage $8.8M 6.826% Feb 2030 1.44x 94% Current

All loans maturing in 2030 · All Little Rock-North Little Rock-Conway 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.