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5934 S COUGAR W LN, Kearns, UT 84118
$2,500,000
5934 S COUGAR W LN, Kearns, UT 84118
Units
6
Price/Unit
$416,667
Price/Sqft
$277
Est Gross Yield
3.6%
$91,080/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 6BR / 6BA | 1 | 6 | 6 | 4,510 | — |
| 5BR / 4BA | 1 | 5 | 4 | 4,510 | — |
| Total | 2 | 11 | 10 | 9,020 | — |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
Description
Unmatched 1.44-Acre Olympic-Adjacent Development OpportunityPosition your next project at the epicenter of Utah's upcoming global stage. Situated directly next door to the renowned Kearns Ice Oval and minutes from the South Valley Regional Airport, this expansive 1.44-acre compound offers a rare, high-yield opportunity perfectly timed for the 2034 Utah Winter Olympics.The Property:Two Substantial Structures: Totaling 9,020 sq. ft. of premium real estate (4,510 sq. ft. per building).Architectural Heritage: Designed by world-famous mid-century modern architect Ron Molen, preserving iconic living spaces and timeless aesthetic appeal.Bonus Infrastructure: Two extra-large storage buildings equipped with rare, full-sized basements.Endless Potential & Strategic Timing:Currently configured as 6 updated, income-producing multi-family units, the property offers immediate cash flow. However, the true value lies in its future. The Kearns Council has shown strong enthusiasm for mixed-use or commercial rezoning to align with the city's aggressive pre-Olympic revitalization goals. Whether you envision a developer's dream mixed-use project, specialized athlete housing, or reviving its history as a premier residential treatment facility, the possibilities here are Olympic-sized.Opportunities of this scale and location are vanishingly rare. Available to show by appointment only. Secure your stake in Utah's future before it slips away. Square footage figures are provided as a courtesy estimate only and were obtained from county . Buyer to verify all, is advised to obtain an independent measurement.
Listed by Wendy Bradshaw · Platinum Place Realty
Location
5934 S COUGAR W LN, Kearns, UT 84118
Proforma
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Cap Rate
1.50%
Cash-on-Cash
-8.47%
Cash Flow
-$6,617/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/27/2026, 8:23:06 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.