1702 Rocky River Road | Charlotte, NC 28213 

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Executive SUmmary

Zora University is a Class-A multifamily community – the only one of its kind in the University submarket. It is one of just a few purpose-built, single plat, fully amenitized single-story communities in the Charlotte MSA. The property features 108 main level living residences, each with a private, fenced backyard as well as premier amenities, including a resort-style pool, fitness center, and smart-home technology.

This differentiated product commands top-of-market rents and is positioned to benefit from the tapering of new supply in University City, supporting future rent growth and stable occupancy. Additional upside is available through initiatives like reserved parking, improved water/sewer recapture, and adding a dog park.

Zora University’s prime location near major employers, UNC Charlotte, and lifestyle amenities ensures strong demand and long-term growth. With all current concessions set to burn-off in Q2 2026, new ownership will capture immediate NOI improvement. This is a rare opportunity to acquire a best-in-class, high-performing asset in a dynamic, growing submarket.

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  • Property Address 1702 Rocky River Road Charlotte, NC 28213
  • County Mecklenburg
  • Units 108
  • Year Built 2023
  • APN 105-012-14 & 105-012-39
  • Stories One
  • Buildings 54
  • Acreage 12.28
  • Units per Acre 8.8/acre
  • Roof Pitched (Composition Shingle)
  • Construction Wood Frame
  • Ceiling Height 9 ft.
  • Parking Ratio158 Surface Spaces; 19 detached garages (1.64 spaces per unit)
  • Property Management Vertical Real Estate (Self Managed)
  • Washer/Dryer Sets In all units

Unit Mix

TYPE 
# UNITS 
SIZE (SF) 
% OF MIX 
1 Bed / 1 Bath  
55 
736 
52% 
2 Bed / 2 Bath 
29 
1,193 
26% 
2 Bed / 2 Bath 
24 
1,198 
22% 
Total/Average
108 
957 
100% 

Amenities

Unit Amenities

  • Open-concept kitchens with freestanding islands and tile backsplashes
  • Modern cabinetry and finishes
  • Stainless steel appliance package including refrigerator with ice maker, oven/range, microwave, dishwasher, and garbage disposal
  • Wood-inspired flooring throughout
  • Nine-foot ceilings
  • Quartz countertops in kitchens and bathrooms
  • Double vanity sinks in master bathroom
  • Recessed lighting with modern fixtures
  • Ceiling fan in living room
  • Spacious walk-in closets
  • In-unit washer/dryer
  • Doggy doors and private fenced yards in every home
  • Digital thermostats

Community Amenities

  • 24/7 Fitness center with yoga lawn
  • Resort-inspired pool with sun deck
  • Pet-friendly community
  • Open-air courtyards
  • Al fresco dining and outdoor grilling areas
  • Detached garages available for rent
  • Onsite management and maintenance
  • Controlled access to all buildings and amenities

Location

Contact us

OFFICES

Charlotte Office
4201 Congress Street
Suite 200
Charlotte, NC 28209

Raleigh Office
4030 Wake Forest Road
Suite 300, Office 314
Raleigh, NC 27609

Charleston Office
121 Calhoun Street
Suite 200
Charleston, SC 29401

Greenville Office
355 S. Main Street
1st and 2nd Floor
Greenville, SC 29601

Investment Sales 

Caleb Troop
Senior Managing Director
314.607.3481
[email protected]

Thomas Colaiezzi
Director
901.603.8590
[email protected]

Matt Robertson
Associate Director
919.812.3174
[email protected]

Drew Kwiatkowski
Associate Director
908.221.2635
[email protected]

Mortgage Banking 

Joel Kirstein
Managing Director
815.545.6309
[email protected]

Mackinley Robinson
Senior Director
360.704.8831
[email protected]

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1702 Rocky River Road | Charlotte, NC 28213

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.  

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