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

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SOLD
$8,000,000

New Hampshire

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Senior Housing
Sold 07/04/2025
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Property Image
SOLD

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

55 Riverglen Lane

See Similar Deals
Senior Housing
Sold 07/04/2025
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Summary

NEW HAMPSHIRE
Asset Type:Senior Housing
Transaction Type:Sale

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

3 deals$12.1M volume
BUYER

BUYER

Details

SOLD
IMAGE: 07/04/2025 ADDRESS: 55 Riverglen Lane MARKET: Littleton, NH ASSET TYPE: Senior Housing BUYER: Dan Botwinik - Cougar Capital SELLER: Camden National Bank SALE PRICE: $8,000,000 UNITS: 50 ~ PPU: $160,000 NOTE: Cougar Capital acquired The Village at Riverglen, a 50-unit senior living facility, from a national REIT for $8 million with financing from Camden National Bank.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$426,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$28,422.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,924.08
Annual Debt Service$455,088.98