Evrett Benton Of Stellar Senior Living Acquires The Watermark At Oro Valley For $23M

The Watermark at Oro Valley, an assisted living community located at 9005 North Oracle Road in Oro Valley, AZ, has been sold for $23,000,000. The 83,059-square-foot property, which sits on 3.42 acres, features 101 units. The price per square foot is $277, and the price per unit is $227,723. The property was built in 2018.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $23,000,000
• Address: 9005 North Oracle Road
• Market: Oro Valley, AZ
• Square Footage: 83,059
• Sale Price per Square Foot: $277
• Units: 101
• Price per Unit: $227,723
• Acres: 3.42

Evrett Benton represented Stellar Senior Living as the buyer in this transaction, while Jacques Chappuis represented PGIM as the seller. The property will be rebranded as The Ironwood at Oro Valley, Assisted Living & Memory Care following the sale.