Very interesting write up Nate. One thing bothers me though how did you get 1.4M from
Flywheel buys from one partner, 50% of the 7 acres (304,920 sq ft) for $7.00 psf or $2,134,440
Now the land swap:
Flywheel sells to Unkefer, 50% interest of 2.7 acres (117,612 sq ft) for $7.50 psf or $882,090 Flywheel buys from Unkefer, 50% interest in 4.3 acres (187,308 sq ft) for $8.50 psf or $1,592,118
That seems to me that the cost is 2.84M?
