Maxus Realty Trust, Inc. will complete a detailed analysis for each potential acquisition opportunity by evaluating its financial and operational viability and assessing its expected return on investment.  With this research and analysis in hand, our team of financial, construction, leasing and management specialists apply MRTI’s stringent criteria to ensure that each acquisition will add value to our portfolio. 


   Acquisition Preferences


  • Cash, or cash and operating partnership units
  • 150 units or larger
  • 1990 or newer construction
  • A and B locations
  • Heavy focus on Midwest/Southeast
  • Full size washer/dryer connections
  • Central HVAC
  • Individual electric & water
  • 9 foot ceilings
  • Partial partnership buyouts 
  • Rehab/reposition opportunities



   Submission Requirements


  • Basic property description
  • Color property photographs
  • Prior year actual and current YTD operating statements
  • Current rent roll with unit mix
  • Current tax bill
  • Market information (sales & rental comps)



Contact Information

Maxus Realty Trust, Inc
c/o Adam Fletcher
104 Armour Road
P.O. Box 34729
North Kansas City, MO 64116
(816) 303-4500

Maxus Realty Trust, Inc. ("MRTI")  elected to be taxed as a Real Estate Investment Trust ("REIT") for federal income tax purposes for the year ending December 31, 1985, and they have not revoked that election.  MRTI was incorporated under the laws of the state of Missouri on June 14, 1984 as Nooney Realty Trust, Inc.  A Real Estate Investment Trust, is a company that owns, and in most cases, operates income-producing real estate.  MRTI is a fully integrated real estate investment trust that is in the business of acquiring, investing, developing  and redeveloping multifamily and commercial properties   in  Missouri, Arkansas, Alabama, Kentucky, Oklahoma, Texas, Tennessee, Louisiana, Georgia, North Carolina, Mississippi, Florida and Kansas.   MRTI currently has ownership interests in 34 multifamily properties (8,635 apartment homes) and has 418,814 square feet of retail space.

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