# 1031 N SUMNER Street, Pampa, TX 79065-4634

> **TL;DR:** residential multi family, $2,950,000 ($58/sqft), built 1979, 51,064 sqft. Est. $12,783/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,950,000 |
| Price/sqft | $58 |
| Square Feet | 51,064 |
| Year Built | 1979 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $12,783 |
| **Total** | **$12,783** |

## Property Highlights

- Built in 1979

## Description

### Agent 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.

## Location

- **Address:** 1031 N SUMNER Street, Pampa, TX 79065-4634
- **County:** Gray
- **Coordinates:** 35.54354, -100.975662
- **Google Maps:** https://www.google.com/maps?q=35.54354,-100.975662

## Listing Agent

- **Name:** Kirk Chudej
- **Brokerage:** FIMC Commercial Realty
- **Phone:** (806) 358-7151

## Primary Photo

![1031 N SUMNER Street - Primary Photo](http://lh.rdcpix.com/8b8ac5d016608497cb6b74245caafcd4l-f3943709046r.jpg)

*31 total photos available on [listing page](https://www.propertysimple.com/listing/1031-n-sumner-street-pampa-tx-79065-4634-263459)*

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**MLS#:** 26-3459 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1031-n-sumner-street-pampa-tx-79065-4634-263459)

---

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