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Courtyard Apartments

$2,650,000

1031 North Sumner Street, Pampa, TX 79065

Active
Last Updated: 07/08/2024

51,064 sqft

Building Size

48

Units

Details:
Building Size:    51,064 sqft
Units:    48
Year Built:    1979
Floors:    2
Description:

The Courtyard Apartments is a two-story 48 unit apartment community located in Pampa, TX. It’s brick construction, has pitched roofs, and is made up of 40 one bedroom units and 8 two bedroom units. There is an immense opportunity to start allocating utilities back to the tenant by implementing RUBS.


Pampa is located in the eastern Texas Panhandle approximately 55 miles northeast of Amarillo, Tx. It is centrally located in the U.S. at the crossroads of U.S. HWY 60 and Texas HWY 70. Texas HWY 152 also crosses through Pampa and I-40 is only twenty minutes to the south intersecting with HWY 70. In addition, it is on the main east / west BNSF Rail line between Chicago and Los Angeles. This rail line serves the Pampa EDC industrial park, and Pampa Energy Center. Due to Pampa’s location and natural resources, there is a diversified economy which includes the following industries: agriculture, distribution, manufacturing, oil & gas, transportation, wind energy, healthcare, education, and retail.



Opportunity to increase revenue through RUBS.
Opportunity to decrease water bill through water conservation program.

Map:
Documents:
Title
Courtyard Offering Memorandum
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Location
Gallery