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Member #104897

Member Since: January 6, 2010

Country: United States

  • 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?

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