2432 W Turney Ave

Highlights:

• Lot Dimension: 157' x 297'
• Max Contiguous Area: 0.0

Description:

Investment highlights
2432 W Turney Ave presents an opportunity to acquire an established specialty investment property in central Phoenix. The two-story asset is positioned within the Midtown Phoenix area, providing convenient access to major transportation corridors, employment centers, healthcare facilities, and the broader Phoenix metropolitan market. Its location offers connectivity to Downtown Phoenix, Interstate 17, and the region's extensive commercial and residential districts, supporting long-term operational utility and investment visibility.
The property consists of an existing specialty facility situated on approximately 1.07 acres and benefits from an established physical presence in a mature urban submarket. Renovations completed in 2010, on-site parking, and a developed site configuration contribute to the property's functionality. Investors may find value in the combination of existing improvements, central location, and the continued growth of the Phoenix market, one of the largest population and employment centers in the Southwest.

The asset's location within a designated Opportunity Zone may provide qualifying investors access to applicable Opportunity Zone tax benefits, subject to individual circumstances and program requirements. Combined with its existing improvements and urban infill setting, the property offers a compelling opportunity for investors seeking a specialty-use asset in a highly populated metropolitan area with access to regional transportation, workforce resources, and established neighborhood services.

Secure, Apartment-Style Campus for Behavioral Health, Transitional Housing, and Community Impact Programs.
Skelley House presents a unique opportunity to acquire a secure, apartment-style residential campus ideally suited for behavioral health services, transitional housing, recovery programs, supportive housing, re-entry services, veteran housing, family stabilization programs, or other mission-driven community uses.
Currently operating as a women's transitional housing facility, the property offers a residential environment that promotes dignity, independence, and supportive service delivery. The campus combines private living accommodations with administrative and meeting space, allowing operators to efficiently provide both housing and supportive programming in a single location.

Unlike vacant facilities requiring extensive renovations and repositioning, this property has a proven operating history as transitional housing and can support a variety of residential service models.

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Listing ID: 181f7ac9-b2ab-46c2-8784-4946995a7be6

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