A Lincoln Bupa care home is one of 122 nationwide to be sold by the company in a £300 million deal.
Altham Court is a 48-room residential care home and will be sold to HC-One, one of the leading providers of health and social care in the UK, subject to approval.
The care home is rated overall as good by the Care Quality Commission.
No other care homes in Lincolnshire are to be sold in the deal.
Bupa UK’s chief executive officer David Hynam said: “We remain one of the main providers of residential care in the UK, and a major investor in the sector.
“This move enables us to focus our investment to continue to provide high quality care for our residents, both now and in the future.
“This year, Bupa will invest more than £120m into refurbishing existing homes and building new care homes and retirement villages.
“Bupa and HC-One have a shared commitment to excellence in care.
“We will work together over the coming months to ensure there is minimal change for residents and their families, and that they continue to receive the high quality care from the same dedicated teams.”
The Lincolnite contacted the Altham Court Care Home for a response to the sale.
However, they declined to comment.