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About This Home
This 0-bedroom, 0-bathroom residential multi family at 1031 N SUMNER Street in Pampa, TX is listed for $2,950,000 ($58 per sqft). Built in 1979, the home offers 51,064 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1979
Property Details
Monthly Cost Estimate
$15,777/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1031 N SUMNER Street
Pampa, TX 79065-4634
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1031 N SUMNER Street is listed at $2,950,000 ($58/sqft). The estimated monthly payment is $12,783 based on 20% down at 6.5% interest.
Key features include: Built in 1979.
This property is listed by Kirk Chudej and can be reached at (806) 358-7151.