La Classic Property Management Manchester Nh
La Classic Property Management Manchester Nh – Nice 2 bedroom 3rd floor unit in Great North End location. The unit has a large kitchen and pantry and the living room has skylights. Ample out of the parking lot. You are within walking distance to restaurants, parks, and shopping. Easy highway access. There is an application fee of $30 per adult living in the unit. No smoking and no pets. This unit is vacant and available now.
Conveniently located within a mile of Manchester’s energetic central district, the North End neighborhood provides residents with enticing homes and condo rentals, some of which afford views of the Merrimack River flowing along the west and north sides of our area. Close to a variety of first-rate amenities, the North End draws people looking for the best in New Hampshire’s Queen City.
La Classic Property Management Manchester Nh
Stay on the trail around Dorr’s Pond near Livingston Park, which offers a public pool, playground, picnic facilities, and athletic fields. To go out and about after hours, head a stone’s throw south to choose from a number of fine restaurants, night spots, and bars in the downtown area. Explore the east side of the neighborhood for authentic Mexican food at the highly rated La Carreta.
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You might be able to get out and about while staying in this area. Some errands can be done on foot, but for others you will need a car.
You might be able to find a place to ride your bike in this area, but you’ll most likely want your car for multitasking.
151 Ray St Unit 3A has 3 shopping centers within 1.5 miles, about a 4 minute walk. Miles and minutes will be for the most distant property.
151 Ray St Unit 3A has 5 parks within 10.2 miles, including Amoskeag Fishways, SEE Science Center, and Massabesic Audubon Center.
Manchester Magazine By Yankee Publishing
Good news! This rental accepts applications through . Act now and your $ purchase will include 9 additional FREE application submissions for participating properties.MANCHESTER, NH – Toilets lie side to side. The hole in the kitchen floor was “repaired” by covering it with two self-adhesive vinyl tiles. The kitchen floor is steamy. The palate is yellow with age. And until the latest repair, for months the septic water from the toilet flooded the bathroom and kitchen every time there was heavy rain.
Yet, Kristal Soto, 47, and her partner Eric J. Bresette, 44, of 352 Dubuque St., Apt. 1R, who are struggling to stay in the rundown apartment they have called home for 11 years. Why?
“Because the rent is cheap,” said Soto. At least that was — until January, when the rent went up to $1,535, an increase of $540 a month. “We have no other choice now. There is no rent there that we can afford, and we love the neighborhood. We are like family here.”
They live in one of seven West Side apartment buildings owned by the same landlord who is or has evicted at least 18 people from a dozen apartments since buying them.
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The evicted are some of the city’s neediest. Some are elderly, others are on Social Security Disability Income, and some apartments are subsidized housing. Rent increases in subsidized apartments exceed those allowed by Section 8 so tenants are being evicted as well.
ARAA West Side Holdings of Chester purchased the building, known as West Side Seven, from Shelley Carita of Meredith on October 27, 2021, in a $4.2 million deal.
These two stick-on vinyl boxes are placed in a hole in the kitchen floor of Kristal Tejeda Soto’s apartment at 353 Dubuque St. Photo / Pat Grossmith
Similar offers have been struck in other cities and towns in the state, said Elliot Berry, Managing Attorney and Director of Legal Aid’s New Hampshire Housing Project. When apartment buildings and complexes are bought and tenants are evicted or face “unconscionable” rent increases, what becomes evident is the lack of protection for New Hampshire’s most vulnerable tenants.
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“It happens all the time,” he said. “It’s like a free-for-all in terms of buying property and charging what the traffic barely bears.”
Instead of existing housing to meet the needs of the community, buying and selling these desired multi-family units change hands, like commodities, bought by investors who come with big money “so if you are a small landlord. it is very difficult to refuse what they pay. They spend a lot of money in anticipation of a big rental increase that will turn a profit,” Berry said.
He is aware of apartment buildings and complexes that have also been purchased in Salem, Newmarket, Rochester and Hampton, Berry says, “especially in the I-93 and Route 3 corridors all the way to the Seacoast. The situation is bad.”
Berry said tenants in Newmarket reported their buildings were sold and rents went up from $750 to $1,725 a month.
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“Under no circumstances should a landlord be allowed to raise the rent at one point. It’s just unconscionable,” Berry said.
However, New Hampshire has no rent control laws and landlords are free to raise rents as high as they want, Berry said.
“A lot of people can’t afford it,” Berry said. “I’m very, very concerned about it. It’s sickening. It’s trying to squeeze every cent out of those buildings.”
At least four of the six tenants at the 55-57 Cleveland St. apartment building are now homeless. being evicted because the owner says it needs to be renovated./Pat Grossmith
Sagamore Street, Manchester, Nh 03104
The seven buildings account for 40 apartments and are located at: 293 Amory St.; 558 Montgomery St.; 416 Rimmon St.; 352-354 Dubuque St.; 599-601 Hevey St.; 200 Reed St., and 55-57 Cleveland St. Each building is over 100 years old, except for the Reed Street building that was built in 1940.
ARAA is a limited liability company registered with the NH Secretary of State based in Chester, NH, with Real Estate Partners Aligned as manager. Axel Ragnarsson is listed as Block’s manager, according to filings with the New Hampshire Secretary of State’s Office. The tenant believes he owns the buildings.
Requests for comment from Ragnarsson or Ryan Weiss, the principal broker at Blue Door Living who manages the property, were declined via email.
“On the advice of our legal counsel, unfortunately, we will not be involved at this time,” Weiss wrote in an email, on behalf of himself and Ragnarsson. He clarified that the building is owned by ARAA, not Ragnarsson.
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But Ragnarsson talks openly on social media about his business playbook as a way to achieve passive wealth. He bought his first multi-family property while still a UNH student and “caught the real estate bug,” according to his About page.
In the online description of Real Estate Partners, founded by Ragnarsson in 2016 as a real estate investment firm, he lists 341 shares representing a $38M investment portfolio in Texas, Florida, Indiana and New Hampshire, where he owns 128 multifamily units.
Another LLC, Brickleaf Properties, was registered to Ragnarsson in April, according to the Secretary of State’s online database. It features the Manchester millyard on its website, and represents Portsmouth in its contact information via social media. Ragnarsson has at least six other LLCs in good standing filed with the state and says Brickleaf has holdings in New Hampshire, as well as Massachusetts, Tennessee, Arkansas and Florida.
According to an automated email generated by Brickleaf Ragnarsson’s email, he has rebranded as a Real Estate Partner:
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“When we continue to work with other operators and collect capital from investors, we believe that this brand more accurately conveys our positioning in the market. In each deal, our utmost priority is to ensure that incentives are aligned at every level – with partners, investors, lenders, sellers equipment, and our residents. Check out our new website at
Ragnarsson explains online and via his The Multifamily Wealth Podcast that he focuses on buying apartment buildings that check the “value-added” box — retirement landlords, long-term tenants at below-market rents. Such “finds” allow developers to renovate the building and then sell it back – or hold it, depending on how much money it generates.
An Instagram post from October 2021 in which Rowing Managing Partner Axel Ragnarsson talks about the good “value-add” of Manchester properties for him as an investor. Picture the Cleveland Street property above. See the full post at MultfamilyWealth on Instagram.
On October 28, 2021, the day after the sale of West Side Seven, tenants found a “welcome letter” taped to their apartment door. It told them there was a new owner and they had 30 days to get out. The tenant reached out to Janet Aldrich, the former property manager, for help.
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“Happy Thanksgiving. Merry Christmas. Happy New Year,” said Aldrich, who owns L.A. Classic Property Management, in a letter.
At first, no evictions happened but then the landlord raised the rent by $425 to $600 a month, effective January 2022. Tenants went from paying about $900 to $1,000 a month, in some cases, more than $1,500.
As a former property manager, Aldrich began fielding calls from frantic tenants and continued to get calls several months after the sale.
Where tenants don’t really complain about the apartment when the rent is lower,
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