Schneider House is a 54-unit apartment community in Pampa, Texas, Currently 88% occupied and generating in-place income across a stable, long-tenured resident base. An independent appraisal valued the property at $2.6M (As Is) even before ownership's recent capital improvements were completed, establishing a solid value floor ahead of the CapEx Program. Positive cashflow improvements can be made to monthly rent increases and utility bill backs.
| Listing Number | 26-6934 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1928 |
| Days On Site | 33 |
| Listing Provided By | Pace Realty Group | Jarec Pace |
| SQ Feet | 34,257 |
|---|---|
| Zoning | 7000 - All areas in the 7000's |
| State | TX |
|---|---|
| County | Gray |
| City | Pampa |
| Zip Code | 79065 |
| Area | Pampa |
| Subarea | Pampa |
| Listing VS Median (in 79065) | |
Price: $2,800,000 low | high Med: $160,000 sqft: 34,257 low | high Med: 1,960 $ / sqft: $82 low | high Med: $82 On site: 33 low | high Med: 15 | |
| State | TX |
|---|---|
| County | Gray |
| City | Pampa |
| Zip Code | 79065 |
| Area | Pampa |
| Subarea | Pampa |
| Listing VS Median (in 79065) | |
Price: $2,800,000 low | high Med: $160,000 sqft: 34,257 low | high Med: 1,960 $ / sqft: $82 low | high Med: $82 On site: 33 low | high Med: 15 | |