DETAILS
Type: Single Family Home
Bedrooms / Baths: 3 bed / 1 bath
Living Area: 950 sq ft
Year Built: 1964
Lot Size: 0.17 acres (7,405 sq ft)
Zoning: R6
Utilities: City Water & Sewer
Occupancy at Closing: Seller will need 14 days after closing to vacate. 50% of seller’s proceeds will be withheld by the closing attorney until buyer confirms vacancy.
Closing Date: 9/16/26
Closing Attorney: Atlas Orange
Annual Taxes: $1,971
Parcel ID: 0414-92-3843
COMPARABLE SALES
4033 E Cole St, Hope Mills, NC 28348 — 1,055 sq ft — $177,000 ($168/sq ft) — Sold, April 2026
5532 Cross St, Hope Mills, NC 28348 — 740 sq ft — $136,000 ($184/sq ft) — Sold
Comp Average: ~$156,500 (~$176/sq ft)
Our Price: $85,000 ($89/sq ft)
Your Spread: ~$71,500
At $85,000, this deal is priced at roughly half the $176/sq ft comp average — an unusually deep discount for a 3 bed/1 bath in this pocket of Hope Mills. Both a flipper working toward the $168–$184/sq ft resale range and a buy-and-hold investor picking up the property near assessed tax value have plenty of room to work with here.
OVERVIEW
4037 E Cole St, Hope Mills, NC 28348
At $85,000 ($89/sq ft), this 3 bed/1 bath, 950 sq ft home is priced well under the $168–$184/sq ft nearby comps just blocks away, leaving a roughly $71,500 spread to the comp average. Hope Mills is a Fayetteville suburb roughly 7–9 miles (13–20 min) from Fort Liberty, giving it a durable base of military and civilian rental demand. City water and sewer are already in place, and the seller only needs 14 days post-closing to vacate, keeping the holding-period short for a buyer.
Comp Avg (Sold): ~$156,500 (~$176/sq ft) | For Sale Avg: ~$195,000
Rent Avg: ~$1,450/mo | Gross Yield at Asking: ~20.5%
DISCLAIMER — Please Read Before Submitting an Offer
Assignment of Contract
This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and are not representing ourselves as such. We do not represent the owner.
Do not contact the Seller directly. Any attempt to contact the owner, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed under any circumstances without our explicit written consent and the execution of a joint venture agreement.
Due Diligence
Buyers are responsible for performing their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
Offer & Deposit Terms
- A minimum $5,000 non-refundable deposit is required within 24 hours of signing to secure the deal
- Closing will occur as quickly as possible, but no longer than 30 calendar days
- Buyer pays all closing costs — closing costs are NOT included in the asking price
- Taxes will be prorated and split between parties
- $495 transaction fee payable to Bright Home Offer LLC
- Closing will be conducted with our closing attorney
As-Is Terms
This property is offered as-is, where-is, with no warranties. By submitting an offer, you are accepting these terms.
- No repairs or improvements will be made prior to closing
- No clean-out or clean-up of any kind will be completed
- Property will not be broom clean at closing
Realtors & Wholesalers
If you are working with a client and wish to receive a commission or fee, please note that the wholesale price does not include your compensation. You may either:
- Negotiate your commission/fee directly with your client, separate from the wholesale price, or
- Adjust the wholesale price upward to include your fee
If you’d like to be compensated by us at or outside of closing, please reach out or include those terms in your offer.