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

Overview

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.

Listing Details MLS# 26-3459

Property Information

To Be Auctioned
No
Zone
7000 – All areas in the 7000's
Area
7220 – Pampa
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

Listing Office: FIMC Commercial Realty
Listing Agent: Kirk Chudej
Last Updated: April – 28 – 2026
Information deemed reliable but not guaranteed.
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