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    • Our Story
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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

Documents

View Document OM ›
View Document T12 ›
Listing Office: FIMC Commercial Realty
Listing Agent: Kirk Chudej
Last Updated: April - 28 - 2026
Information deemed reliable but not guaranteed.

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  • 5601 Enterprise Circle Amarillo, Texas 79106

  • 806 358 7736

  • info@amarillorealtors.org

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