Michael J. Gefter Represents Loan Of $4,550,000 For Retail Property At 1307 University Blvd
1307 University Blvd
$4,550,000
$314/SF
Building Size
14,451 SF
Asset Type
Retail
Closing
Feb 27, 2025
About this deal
AI
The asset involved in this transaction is a retail property located at 1307 University Blvd, Tuscaloosa. The loan amount secured for this property is $4,550,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,550,000.00
- Address: 1307 University Blvd
- Market: Tuscaloosa
- Loan Date: 02/27/2025
The broker representing this transaction is Michael J. Gefter.
The retail loan at 1307 University Blvd in Tuscaloosa, Alabama financed for $4.6M in 2025. The building is 14,451 square feet, implying about 314 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 1307 University Blvd 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 1307 University Blvd around 2025. Published consideration for 1307 University Blvd is $4.6M, dated 2025. Cite this Michael J. Gefter Represents Loan Of $4,550,000 For Retail Property At 1307 University Blvd loan when underwriting similar retail product around Tuscaloosa, Alabama.
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Tuscaloosa Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.49%
Cash-on-Cash
-1.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93