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55 Riverglen Lane

Dan Botwinik Of Cougar Capital Acquires The Village At Riverglen From Camden National Bank For $8M
SOLDSenior Housing

Dan Botwinik Of Cougar Capital Acquires The Village At Riverglen From Camden National Bank For $8M

55 Riverglen Lane

$8,000,000

Building Size

Asset Type

Senior Housing

Closing

Jul 4, 2025

AI

The asset involved in this transaction is a senior housing facility located at 55 Riverglen Lane in Littleton, NH. The property consists of 50 units and has a sale price of $8,000,000, equating to a price per unit of $160,000.

Summary of transaction details:

  • Property Type: Senior Housing
  • Transaction Amount: $8,000,000
  • Buyer: Dan Botwinik
  • Buyer's Company: Cougar Capital
  • Seller: Camden National Bank
  • Units: 50
  • Price Per Unit: $160,000

This transaction marks the acquisition of The Village at Riverglen by Cougar Capital from Camden National Bank. The deal was supported by financing provided by Camden National Bank, facilitating the purchase of the senior living facility.

Players

Dan Botwinik

Cougar Capital

Buyer

$12.1M

vol

3 deals

Buyer
CC
Cougar CapitalBuyer

Littleton Senior Housing Market Snapshot

Boundary boundary · Senior Housing · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93