1031 N Sumner Street, Pampa, TX 79065-4634

Local realty services provided by:ERA Courtyard Real Estate
1031 N Sumner Street,Pampa, TX 79065-4634
$2,950,000
  • - Beds
  • - Baths
  • 51,064 sq. ft.
  • Multi-family
  • Active
Listed by: kirk chudej
Office: fimc commercial realty
MLS#:26-3459
Source:TX_AAOR

Price summary

  • Price:$2,950,000
  • Price per sq. ft.:$57.77

About this home

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.

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Home facts

  • Year built:1979
  • Listing ID #:26-3459
  • Added:9 day(s) ago
  • Updated:May 05, 2026 at 01:05 PM

Rooms and interior

  • Living area:51,064 sq. ft.

Structure and exterior

  • Year built:1979
  • Building area:51,064 sq. ft.
  • Construction Materials:Brick Veneer

Finances and disclosures

  • Price:$2,950,000
  • Price per sq. ft.:$57.77