Property Management
Real Estate Investment Trust
Phone: 816-303-4500
See properties for sale, investment offerings, and review our criteria for property valuation.
The images above are only a few of our quality apartments and commercial space held by Maxus Realty Trust, Inc.
Maxus Realty Trust, Inc. (“MRTI”), is a fully integrated Real Estate Investment Trust ("REIT") that is in the business of acquiring, investing, developing and redeveloping multifamily and commercial properties in Missouri, Arkansas, Oklahoma, Texas and Kansas. MRTI currently has ownership interests in 18 multifamily properties (4,434 apartment homes) and has 40,412 square feet of retail space.
MRTI's investment strategy has two components: constant monitoring of existing markets, and evaluation of new markets to identify areas with the characteristics that underlie rental growth. MRTI's strong financial condition supports its investment strategy by providing access to a range of capital alternatives. This enhances MRTI's ability to quickly shift its acquisition, development, and disposition activities to markets that will optimize the performance of the portfolio, thereby increasing their ability to generate cash flow for future investments. MRTI's common stock trades on the Pink Sheets, an over-the-counter, inter-dealer electronic quotation trading system at www.pinksheets.com (symbol: MRTI.PK).
On March 21, 2012, a wholly owned subsidiary of MOLP, Rosehill Pointe Acquisition, L.L.C. purchased Rosehill Pointe Apartments for a purchase price of $28,750,000. Rosehill Pointe Apartments is a 498 unit residential apartment community located on 30.52 acres in Lenexa, Kansas.
On March 2, 2012, a wholly owned subsidiary of MOLP, Forest Place TIC I, L.L.C. and Forest Place TIC II, L.L.C. jointly purchased the Forest Place Apartments as tenants-in-common for a purchase price of $17,600,000. The Forest Place Apartments is a 256 unit residential apartment community located in Little Rock, AR.
On August 4th, 2011, a wholly owned subsidiary of MOLP, Kirkwood Station Acquisition, L.L.C. purchased Kirkwood Station Apartments and retail development in Kirkwood, MO, through foreclosure. The Kirkwood property consists of 155 apartment units and 40,412 square feet of retail/office space.
On June 24th, 2011, a subsidiary of Maxus Realty Trust, Inc. purchased The Villages of Bogey Hills Apartments, a 486 unit residental apartment community that overlooks The Bogey Hills Golf Course & Country Club in St. Charles, Missouri.
On March 22, 2010, a subsidiary of Maxus Realty Trust, Inc. purchased Schoettler Village Apartments, a 300 unit residential apartment community located in Chesterfield, Missouri in the greater St. Louis area. Maxus employs 9 full-time management staff at Schoettler.
On October 30, 2009, a subsidiary of Maxus Realty Trust purchased Berkshire Apartments, a 252 unit multifamily apartment housing complex located in Wichita, KS. Maxus employs 6 for the management of the Berkshire Apartments.
MRTI will pursue acquisition opportunities within its core markets. In addition to these markets, MRTI may consider acquisition opportunities in other markets where marketplace trends would allow for future growth. MRTI typically acquires assets on an all-cash basis; however we will consider assumption of existing financing.
104 Armour Road
North Kansas City, MO 64116
P.O. Box 34729
North Kansas City, MO 64116
816-303-4500
A Real Estate Investment Trust, or (“REIT”), is a company that owns, and in most cases, operates income-producing real estate. Maxus Realty Trust, Inc. (“MRTI”), is a fully integrated REIT that is in the business of acquiring, investing, developing and redeveloping multifamily and commercial properties in Missouri, Arkansas, Oklahoma, Texas and Kansas. MRTI currently has ownership interests in 18 multifamily properties (4,434 apartment homes) and has 40,412 square feet of retail space.
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