Michael J. Gefter Secures $1,348,783 Loan For Retail Property 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
About this deal
AI
The property involved in this transaction is a retail asset located at 1241 Mc Farland Blvd East in Tuscaloosa. The loan amount secured for this property is $1,348,783.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,348,783.00
- Address: 1241 Mc Farland Blvd East
- Market: Tuscaloosa
- Broker: Michael J. Gefter
Michael J. Gefter played a significant role in facilitating this transaction, representing the interests of the parties involved. The arrangement was formalized on March 20, 2025.
The retail loan at 1241 Mc Farland Blvd East in Tuscaloosa, Alabama financed for $1.3M in 2025. The building is 9,306 square feet, implying about 144 per square foot on the published price. Michael Gefter, Wolf Investment Partners appear on the loan alongside Wolf Investment Partners. This page is the Tuscaloosa, Alabama file for the 1241 Mc Farland Blvd East retail financed: pricing, party profiles, and other closed retail comps from the same Tuscaloosa sit in the Market section below. Filter that Tuscaloosa retail set by closing date to see what else financed near 1241 Mc Farland Blvd East around 2025. Published consideration for 1241 Mc Farland Blvd East is $1.3M, dated 2025. Cite this Michael J. Gefter Secures $1,348,783 Loan For Retail Property At 1241 Mc Farland Blvd East loan when underwriting similar retail product around Tuscaloosa, Alabama.
Players
Tuscaloosa Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
Loading comparables…
Deal FAQ
Visit Michael Gefter to view all their deals.
Browse Tuscaloosa retail loans on Traded.
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