Hope Mills, NC

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Hope Mills short-term rental market based on reliable data.

Listings

36 / 72

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$27,344

Middle-Earners Revenue

Occupancy

71%

Middle-Earners Occupancy

Home Value

$265,298

Median Home Sale Price

Top Earners

$43,143

Top-Earners Revenue

Hope Mills

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Hope Mills.

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C

Challenging to Investors

Hope Mills Regulations

Hope Mills permits STRs only as traditional bed and breakfasts, requiring the property to be originally a single-family dwelling, a max of 9 guestrooms, fire Marshal approval, a detailed site plan, health/state permits, and tight operational limits (no cooking in rooms, breakfast-only, signage and parking restrictions). This creates significant compliance costs and operational constraints, and without clear allowances for modern STR platforms, the overall environment is challenging for investors.

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About Hope Mills

Hope Mills is a small town in Cumberland County, North Carolina, situated in the southeastern part of the state just southwest of Fayetteville. With a population of roughly 15,000 to 16,000 residents, it carries a relaxed, small-town character that has grown increasingly intertwined with the larger Fayetteville metropolitan area. The town is best known for its namesake lake and its proximity to Fort Liberty (formerly Fort Bragg), one of the largest U.S. military installations in the country, which makes the surrounding region a steady draw for visitors on official travel, family visits, and permanent-change-of-station moves. Hope Mills sits only about 10 miles southwest of downtown Fayetteville, generally less than a 15-minute drive, giving it the feel of a quiet suburban pocket within easy reach of a much larger city's amenities.

A focal point of the community is Hope Mills Lake, a 110-acre impoundment created by a dam on Little Rockfish Creek. The lake and the surrounding town parks offer walking trails, a boardwalk, fishing spots, and picnic areas, all within minutes of the town center. The lake's dam has had a notable history of damage and reconstruction over the years, and the rebuilt structure, completed in the late 2010s, restored the water body as the town's signature recreational feature.

Just a short drive northeast, Fayetteville hosts the Airborne & Special Operations Museum, a free museum that chronicles the history of U.S. Army airborne and special operations forces. About 20 minutes north of Hope Mills, the museum sits along the Cape Fear River in downtown Fayetteville and is a popular stop for military families, history enthusiasts, and tourists passing through the region.

Roughly 25 to 30 minutes northwest of Hope Mills, Carvers Creek State Park preserves a stretch of longleaf pine forest and a historic plantation site. The park's Long Valley Farm area offers guided tours of a former plantation home and shares the often difficult history of the region, while its sandy upland trails provide a quiet outdoor experience that contrasts with the bustle of Fayetteville to the east.

Hope Mills makes a compelling base for short-term rental investors because it offers the affordability and quiet of a small town while sitting at the doorstep of one of North Carolina's most visited mid-size cities. Visitors passing through to visit soldiers at Fort Liberty, explore the Cape Fear region's Revolutionary War and Civil War history, or attend events in downtown Fayetteville will find Hope Mills a convenient, comfortable, and well-located home base.

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