Turney Villas presents a centrally located multifamily investment opportunity in the Biltmore and Midtown Phoenix corridor. The property combines stable occupancy with operational upside and long-term redevelopment potential in one of Central Phoenix’s established rental markets.
Strategically positioned near AZ-51, the property provides convenient access to major employment centers, retail, dining, entertainment, and other destinations throughout Midtown, the Biltmore area, and greater Phoenix.
Beyond its current multifamily use, Turney Villas offers additional long-term optionality. The property was previously rezoned to R4A and received prior approval for a four-story multifamily development of up to 54 units, providing investors with the potential to pursue greater density in the future.
For investors seeking an existing income-producing asset with both operational and redevelopment potential, Turney Villas offers a combination of location, current utility, and future flexibility in Central Phoenix.
