Welltower Inc Acquires Senior Housing Community In Marana AZ From Kayne Anderson For $22.25M
8689 North Silverbell Road
$22,247,103
$218/SF
Building Size
101,782 SF
Asset Type
Senior Housing
Closing
Oct 16, 2025
AI
The asset involved in this transaction is a senior housing facility located at 8689 North Silverbell Road, Marana, AZ. The sale price for this property was $22,247,103, encompassing a total square footage of 101,782, which translates to a price per square foot of $219. The property is classified as an assisted living and memory care community and was previously known as a Watermark Community.
Summary of transaction details:
- Property Type: Senior Housing
- Transaction Amount: $22,247,103
- Sale Date: 10/16/2025
- Buyer: Welltower Inc
- Seller: Kayne Anderson Real Estate
- Square Footage: 101,782
- Price Per Square Foot: $219
Welltower Inc. acquired the property as part of a portfolio deal targeted at expanding its operations to cater to the increasing needs of the senior population in the area. The property, built in 2018, will be rebranded to align with Welltower's portfolio strategy.
Players
Tucson Senior Housing Market Snapshot
Boundary boundary · Senior Housing · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.71%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93