Sabra Health Care REIT Inc. Acquires Waters Of Eden Prairie For $34 Million

The property involved in the transaction is a senior housing facility located at 431 Prairie Center Drive in Eden Prairie, MN. The facility encompasses 158 units and totals 205,262 square feet. It was sold for a price of $34,000,000, with a price per unit of $215,190 and a price per square foot of $166.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $34,000,000
• Units: 158
• Square Footage: 205,262
• Price per Unit: $215,190
• Price per Square Foot: $166
• Buyer: Sabra Health Care REIT, Inc.
• Seller: The Waters Senior Living

Sabra Health Care REIT, Inc. has acquired the property from The Waters Senior Living, marking a strategic addition to its senior housing investment portfolio as it expands its presence in the market.