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.
For sale
$2,950,000
1031 N Sumner St, Pampa, TX 79065
--beds
--baths
51,064sqft
Multi Family
Built in 1979
-- sqft lot
$-- Zestimate®
$58/sqft
$-- HOA
What's special
- 147 days
- 82
- 0
Zillow last checked:
Listing updated:
Listed by:
Kirk Chudej 806-358-7151,
FIMC Commercial Realty
Source: AMMLS,MLS#: 26-3459
Facts & features
Interior
Interior area
- Total structure area: 51,064
- Total interior livable area: 51,064 sqft
Property
Details
- Zoning description: 7000 - All areas in the 7000's
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Veneer
- Roof: Composition
Condition
- Year built: 1979
Community & HOA
Location
- Region: Pampa
Financial & listing details
- Price per square foot: $58/sqft
- Date on market: 4/28/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,668/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Listed for sale | $2,950,000-1.5%$58/sqft |
Source: | ||
| 7/1/2024 | Listing removed | -- |
Source: | ||
| 1/31/2024 | Listed for sale | $2,995,999$59/sqft |
Source: | ||
| 1/12/2024 | Listing removed | -- |
Source: | ||
| 7/21/2023 | Listed for sale | $2,995,999$59/sqft |
Source: | ||
| 9/21/2016 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 7/31/2007 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment


