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
Littleton Senior Housing Market Snapshot
Boundary boundary · Senior Housing · Sale transactions
Loading comparables…
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