Sabra Health Care REIT Acquires 90-Unit Senior Housing Property For $37 Million In Sparks Nevada

The property involved in the transaction is a 90-unit senior housing asset located at 6300 David Allen Parkway, Sparks, NV. The asset was sold for a total of $37 million, translating to approximately $411,111 per unit. Built in 2020, it provides assisted-living and memory-care services, along with amenities such as dining options, fitness and game rooms, courtyards, and organized tenant activities.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $37,000,000
• Units: 90
• Price Per Unit: $411,111
• Buyer: Sabra Health Care REIT, Inc.
• Seller: Investcor Development
• Date of Sale: 11/20/2025
• Market: Sparks, NV

In this transaction, Sabra Health Care REIT, Inc. acted as the buyer and acquired the property from developer Investcor Development. This deal highlights the strategic investment by Sabra Health Care REIT in the senior housing sector.