Belmont Estate · Overview
USD/JMD 158 Mount Pleasant · St. James Open Cockpit

Development Overview

99.56-acre hillside estate · 5-phase master plan · survey-verified terrain model

Phase 2 activeFigures DRAFT · validate w/ QS
Surveyed parcel
99.6 ac
JAD2001 · survey-verified
Buildable ≤25%
41%
~41 ac developable · 47% is >30%
Yield (creative max)
900 units
315 as-of-right · 900 w/ rezoning
Program
20% · 5 phases
Phase 1 done · Phase 2 active
Phase-1 cost
$21.6M
70 homes + gate + site infra
Phase-1 revenue
$23.8M
avg $340k · MoBay comps
Phase-1 profit
+$2.2M
+10.2% margin (draft)
Recurring income
$1.6M/yr
fees · utilities · rental pool — kept

Phase pipeline

20% overall · 5 phases

Phase 1 snapshot

draft
Homes (Phase 1A)70
Total project cost$21.6M
Sales revenue$23.8M
Project profit+$2.2M
Forever income$1.6M/yr
Draft · validate with a local QS
Modules