Self storage portfolio, 2 properties · Grovetown, Georgia
Grovetown Self-Storage
This portfolio is financed with a $6.4M CMBS loan at 4.15% that reaches maturity on August 6, 2029, in 2 years and 9 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $6,391,157
- Original balance (same notes)
- $6,900,000
- Interest rate
- 4.15% fixed
- Originated
- August 1, 2019
- Maturity
- August 6, 2029
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- May 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 4965 Wrightsboro Road, Grovetown, GA 30813
- Metro
- Augusta-Richmond County, GA-SC
- Value at securitization
- $9.7M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $619K | $457K |
| Debt yield | 7.1% |
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 GS Mortgage Securities Trust 2019-GC42 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- NOI down 20% 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
- Net operating income is 26% below the underwritten figure ($457K a year against $619K).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Grovetown Self-Storage | Grovetown, GA | Self Storage | 86% | 2.24x |
| Glasgow Self-Storage | Glasgow, KY | Self Storage | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $6.4M | Current | No | 2.24x | 86% |
| September 2026 | $6.4M | Current | No | n/a | n/a |
| August 2026 | $6.4M | Current | No | n/a | n/a |
| July 2026 | $6.4M | Current | No | n/a | n/a |
| June 2026 | $6.4M | Current | No | n/a | n/a |
| May 2026 | $6.4M | Current | No | n/a | n/a |
| April 2026 | $6.5M | Current | No | 2.16x | 82% |
| March 2026 | $6.5M | Current | No | 2.13x | 86% |
| February 2026 | $6.5M | Current | No | 2.13x | 86% |
| January 2026 | $6.5M | Current | No | 2.13x | 86% |
| December 2025 | $6.5M | Current | No | 2.13x | 86% |
| November 2025 | $6.5M | Current | No | 1.76x | 93% |
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 |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2019-GC42 | 33 | $6,391,157 | Oct 2026 | SEC filing, October 22, 2026 |
Other Augusta-Richmond County loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Ramblewood Apartments | Augusta, GA | Multifamily | $29.6M | 5.26% | Mar 2029 | n/a | n/a | Current |
| Crowne Plaza North Augusta | North Augusta, SC | Hotel | $29.0M | 7.797% | Dec 2029 | 2.20x | 67% | Current |
| Hollywood Storage - Evans | Evans, GA | Self storage | $14.3M | 4.60% | May 2029 | n/a | n/a | Current |
| South Carolina Storage Portfolio - Summit Self Storage | North Augusta, SC | Self storage | $11.0M | 4.29% | Jun 2029 | n/a | n/a | Current |
| Home2 Suites - Grovetown | Grovetown, GA | Hotel | $10.9M | 4.032% | Nov 2029 | 2.67x | 69% | Current |
| Washington Road Self Storage | Martinez, GA | Self storage | $8.8M | 4.00% | Dec 2029 | 1.60x | 84% | Current |
| The Storage Center | Aiken, SC | Self storage | $4.3M | 4.005% | Dec 2029 | 2.26x | 89% | Current |
| Riverwest Business Park | Augusta, GA | Industrial | $3.3M | 5.98% | Oct 2029 | 1.90x | 96% | Current |
All loans maturing in 2029 · All Augusta-Richmond County loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.