Youth On Their Own (YOTO) of Tucson recently purchased the building at 1642 N Alvernon Way in Tucson for $285,000 ($75 PSF). YOTO is a non-profit that provides youth, through no fault of their own, who lack a parent or long-term legal guardian in their lives with a stable nighttime residence, financial assistance, basic needs and guidance as they work to obtain a high school diploma. We spoke to Teresa Baker, Executive Director of Youth On Their Own about the transaction.

Baker told us that in 2010 Pima County had 2,000 homeless youth in need of help; that number had grown to 6,000 by 2013. Baker knows that it will increase again when the 2014 stats are released for Pima County.

Last year, YOTO had budgeted for 1,250 kids, but instead helped 1,500 kids. Baker proudly said, “We have never turned anyone away, and of those 1,500 kids there were 350 seniors who had a 95% graduation rate from high school last year.”

A story from the Real Estate Daily News. Read More.

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