1031 N SUMNER Street, Pampa, TX 79065-4634 (MLS# 26-3459)
1031 N SUMNER Street, Pampa, TX 79065-4634
$2,950,000
Property Type:
MultiFamily
Square Footage:
51,064
Status:
Active
Current Price:
$2,950,000
Last Modified:
4/28/2026
Description
The Courtyard Apartments offer a 48-unit multifamily investment just one block off Highway 70 in Pampa, TX, with easy access to Highway 60 and nearby national retailers including Walmart, Tractor Supply, and Hobby Lobby. The property is 98% occupied with consistent collections and a strong tenant base. Trailing twelve-month performance shows $369,502 in gross income and $278,047 in NOI, delivering solid in-place cash flow. With below-market rents and operational upside, investors can increase NOI through rent growth and efficiencies. A rare opportunity to acquire a stabilized, high-yield asset in a supply-constrained market.
More Information MLS# 26-3459
Property Information
Current Price: $2,950,000
To Be Auctioned: No
List Price: $2,950,000
Zone: 7000 - All areas in the 7000's
Area: 7220 - Pampa
Status: Active
Realtor.COM Type: Multi-Family
Total SqFt. (+/-): 51064
List Price Per Sq. Ft.: 57.77
Year Built: 1979
Source of Sq Ft: Appraisal District
Photos are Virtually Staged: No
Taxes and Legal Information
House #: 1031
Street Direction Pfx: N
Street Name: SUMNER
Street Sfx: Street
State/Province: TX
Postal Code: 79065-4634
County: Gray
Legal: TRACT N & PSUBURBS 167
Listing Info
L/A Supervisor Name: Bill Chudej
Supervisor's Phone #: 806-358-7151
L/A Supervisor License Number: 331043
Directions: From Hobart turn on Somerville then left on N Sumner. Property is on your right.
Property Features
Roof: Composition
Construction: Brick Veneer
Listing Office: FIMC Commercial Realty
Listing Agent: Kirk Chudej
Last Updated: April - 28 - 2026
Information deemed reliable but not guaranteed.
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