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1031 N SUMNER Street, Pampa, TX, 79065
Courtyard Apartment Building with 48 Units

1031 N SUMNER Street Pampa, TX 79065

For Sale
$2,950,000

MULTI_FAMILY - Pampa, TX

Property Size51,064 SF
Price / SF$57.77
Days on Market89

Property Features for 1031 N SUMNER Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Size
51,064 SF

Taxes and HOA fees

Tax Description
TRACT N & PSUBURBS 167

Building Details

Year built
1979
Building materials
Brick Veneer
Roof type
Composition
Listing Agency: FIMC Commercial Realty
Listed By: Kirk Chudej · License #604402
Added: Apr 28 Last Checked: Jul 25 at 2:06PM
MLS# 26-3459

Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

The Courtyard Apartments is a 48-unit multifamily property offering apartment-style living within a courtyard configuration. The offering is currently 98% occupied, with trailing-twelve-month performance reported at $369,502 in gross income and $278,047 in NOI.

The property is located at 1031 N Sumner Street in Pampa, Texas, approximately one block off Highway 70. Access to Highway 60 is described as easy, and the surrounding area includes nearby national retailers such as Walmart, Tractor Supply, and Hobby Lobby.

This is a for-sale multifamily investment focused on in-place operations, with income and NOI presented on a trailing-twelve-month basis.

Key Highlights

  • 48‑unit multifamily property in Pampa, TX, located one block off Highway 70
  • 98% occupied with consistent collections and a strong tenant base
  • Trailing twelve‑month performance of $369,502 gross income and $278,047 in NOI

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Courtyard Apartments Apartment Building

Suggested Use

Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Gym & Fitness Center Garden Center Electrical Service Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 48-unit courtyard apartment with 98% occupancy and $369,502 trailing-twelve-month gross income.
Where is this apartment building located?
The property is located at 1031 N SUMNER Street Pampa, TX.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 48‑unit multifamily property in Pampa, TX, located one block off Highway 70; 98% occupied with consistent collections and a strong tenant base; Trailing twelve‑month performance of $369,502 gross income and $278,047 in NOI
More about this property
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