Self storage · Little Rock, Arkansas
West Village Mini Storage - Little Rock, Ar
West Village Mini Storage - Little Rock, Ar is financed with a $2.1M CMBS loan at 3.97% that reaches maturity on October 1, 2031, in 4 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
- $2,109,000
- Original balance (same notes)
- $2,109,000
- Interest rate
- 3.97% fixed
- Originated
- September 29, 2021
- Maturity
- October 1, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- March 31, 2031
- Master servicer
- Trimont LLC
- Originator
- Bank of America, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1605 Green Mountain Drive, Little Rock, AR 72211
- Metro
- Little Rock-North Little Rock-Conway, AR
- Rentable area
- 65,120 sq ft
- Units, rooms or beds
- 583
- Built
- 1972, renovated 1984
- Value at securitization
- $3.5M (Aug 2021)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 2.60x | 5.53x |
| Occupancy | 98% | 77% |
| Net operating income | $221K | $469K |
| Debt yield | 22.3% |
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 2021-BNK37 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 98% when the loan was securitized to 77%.
- Net operating income is 113% above the underwritten figure ($469K a year against $221K).
- Debt service coverage moved from 2.60x at securitization to 5.53x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $2.1M | Current | No | 5.53x | 77% |
| August 2026 | $2.1M | Current | No | 5.53x | 77% |
| July 2026 | $2.1M | Current | No | 5.53x | 77% |
| June 2026 | $2.1M | Current | No | 5.53x | 77% |
| May 2026 | $2.1M | Current | No | 5.53x | 77% |
| April 2026 | $2.1M | Current | No | 5.53x | 77% |
| March 2026 | $2.1M | Current | No | 5.53x | 77% |
| February 2026 | $2.1M | Current | No | 5.53x | 77% |
| January 2026 | $2.1M | Current | No | 5.95x | 82% |
| December 2025 | $2.1M | Current | No | 5.95x | 82% |
| November 2025 | $2.1M | Current | No | 5.95x | 82% |
| October 2025 | $2.1M | Current | No | 5.95x | 82% |
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 2021-BNK37 | 67 | $2,109,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Little Rock-North Little Rock-Conway loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hampton Astoria | Little Rock, AR | Multifamily | $40.0M | 6.33% | Mar 2031 | n/a | n/a | Current |
| Garver Little Rock | North Little Rock, AR | Office | $7.3M | 3.022% | Jul 2031 | 4.06x | 100% | Current |
| Chenal Woods Apartments | Little Rock, AR | Multifamily | $6.3M | 3.30% | Sep 2031 | 1.80x | 89% | Current |
All loans maturing in 2031 · 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.