About the Property
As the Charlotte metro area continues to grow and expand in all directions, Beauxwright chose a prime residential location southeast of the city center that meets a number of market demands:
1. Build-to-rent is an increasingly popular luxury housing option due to limited inventory and higher interest rates.
2. Consumers are seeking neighborhoods with suburban comfort, convenience and walkability, but still connected to the urban center and major travel routes.
3. MoRA (short for Monroe Road Advocates) is an up-and-coming East Charlotte community that has grown organically along Monroe Road between 7th Street to Pineville-Matthews Road (Hwy 51). The suburban location allows residents to find attractive price points while maintaining a high quality of life, which is a unique value-add opportunity in a market that has been historically underserved by Class-A BTR options.
On this new frontier of Charlotte, adjacent to the eclectic Oakhurst area and just a few miles from the Matthews town line, Radial at MoRA Point is the connection point today’s homeowners are seeking, and the first of its kind in the area.
The three-acre community features 58 luxury townhomes with a mix of two and three bedrooms, complete with private patios (for 2BR units), ample parking and two-car tandem garages (for 3BR units). The modern design and premium finishes, including a sophisticated palette of neutral and earthy tones, make Radial an unexpected and desirable residential offering in the suburban market.
The name Radial is inspired by the community’s unmatched connectivity and location as a central hub at the intersection of Monroe Road, Idlewild Road and Independence Boulevard. Uptown Charlotte is a direct 15-minute drive, and the community is close to several major schools. Within the thriving MoRA Point development, Radial residents are in walking distance to several dining, grocery and retail options, including Aldi, Starbucks, Chipotle, Five Guys and Edge City Brewing. The community’s expansive dog park, outdoor yards and open green spaces offer an oasis of tranquility in the midst of city living.
Radial at MoRA Point is a development partnership between Beauxwright and Ascent Real Estate Capital. Copper Builders is constructing the for-rent townhomes.
Learn more at the Radial community website.
