Self storage · New Albany, Mississippi
Tallahatchie Self Storage
Tallahatchie Self Storage is financed with a $2.2M CMBS loan at 5.24% that reaches maturity on January 11, 2028, in 14 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $2,249,212
- Original balance (same notes)
- $2,625,000
- Interest rate
- 5.24% fixed
- Originated
- January 10, 2018
- Maturity
- January 11, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- November 10, 2027
- Master servicer
- Trimont LLC
- Originator
- C-III Commercial Mortgage LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 400 Park Plaza Drive, New Albany, MS 38652
- Rentable area
- 86,400 sq ft
- Units, rooms or beds
- 649
- Built
- 2000
- Value at securitization
- $4.6M (Oct 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.65x | 2.13x |
| Occupancy | 96% | 95% |
| Net operating income (annualized from 3 months) | $287K | $376K |
| Debt yield | 16.7% |
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 Wells Fargo Commercial Mortgage Trust 2018-C43 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
- Net operating income is 31% above the underwritten figure ($376K a year against $287K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.65x at securitization to 2.13x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $2.2M | Current | No | 2.13x | 95% |
| August 2026 | $2.3M | Current | No | 2.13x | 95% |
| July 2026 | $2.3M | Current | No | 2.13x | 95% |
| June 2026 | $2.3M | Late payment but less than 30 days delinquent | No | 2.10x | 95% |
| May 2026 | $2.3M | Current | No | 2.10x | 95% |
| April 2026 | $2.3M | Current | No | 2.10x | 95% |
| March 2026 | $2.3M | Current | No | 2.10x | 95% |
| February 2026 | $2.3M | Current | No | 2.10x | 95% |
| January 2026 | $2.3M | Current | No | 2.03x | 95% |
| December 2025 | $2.3M | Current | No | 2.03x | 95% |
| November 2025 | $2.3M | Current | No | 2.03x | 95% |
| October 2025 | $2.3M | Current | No | 2.09x | 98% |
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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2018-C43 | 55 | $2,249,212 | Sep 2026 | SEC filing, September 29, 2026 |
Other Mississippi loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| County Line Plaza | Jackson, MS | Retail | $12.4M | 4.997% | Aug 2028 | 1.36x | 74% | With the special servicer |
| Edgewater Village Shopping Center | Biloxi, MS | Retail | $11.2M | 5.284% | Jul 2028 | 1.60x | 83% | Current |
| Hgi Pascagoula | Pascagoula, MS | Hotel | $9.3M | 6.565% | Dec 2028 | 2.06x | 88% | Current |
| Fondren Hill Apartments | Jackson, MS | Multifamily | $9.0M | 4.32% | Nov 2028 | n/a | n/a | With the special servicer and 90+ days delinquent |
| School Street Crossing | Ridgeland, MS | Retail | $3.9M | 5.194% | Feb 2028 | 1.83x | 100% | 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.