as the name implies, turn the key and move right in. It is a space that is ready for immediate occupancy, you just "turn the key" and move right in. It may have all the improvements for the buyer or tenant to move right in.
move in and ready to operate
Ready to move in
nothing else needs to be done property is ready as is
Take over fully operate business and make money right away and ready for immediate occupancy
"Turn key" is an opinion, an adverb describing, summarizing the Operation or an acquisition: "Ready to collect money; nothing else need to do".
Stabilized properties. These are properties that don't require any valued added requirements
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