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1241 Mc Farland Blvd East

Michael J. Gefter Arranges $1.35M Loan For Retail Asset At 1241 Mc Farland Blvd East
FINANCEDRetail

Michael J. Gefter Arranges $1.35M Loan For Retail Asset At 1241 Mc Farland Blvd East

1241 Mc Farland Blvd East

$1,348,783

$144/SF

Building Size

9,306 SF

Asset Type

Retail

Closing

Mar 20, 2025

AI

The property asset involved in this transaction is a retail space located at 1241 Mc Farland Blvd East in Tuscaloosa. The loan amount secured for this asset is $1,348,783.00, facilitating the financial aspects of this property deal.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,348,783.00
  • Address: 1241 Mc Farland Blvd East
  • Market: Tuscaloosa

Michael J. Gefter acted as the broker for this transaction, representing the interests involved in the deal for the retail asset. This involvement highlights the professional expertise brought into the negotiation and securing of the loan for this property.

Players

Michael Gefter

Wolf Investment Partners

Broker

$121.1M

vol

42 deals

Broker
Synovus Bank
Synovus BankLender

Tuscaloosa Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.76%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93