Crystal Rose - LoopNet

Crystal Rose

Just minutes from Downtown Denver, over 21,000 people in Colorado voted the Crystal Rose - The Best Place in Colorado to have a wedding and reception in the Rocky Mountain News People's Choice Awards. You can be sure you are in good hands with the experts at the Crystal Rose for your Denver wedding or special event!

The Crystal Rose offers elegant Denver wedding locations, romantic ambiance, and wedding planing expertise! The Crystal Rose offers beautiful & affordable all-inclusive wedding and reception packages including wedding venues, catering, decorations, and entertainment.

Historic Lariat Loop

The one thing that every major bike race in Colorado in recent times has in common is the hill climb up the Lariat Loop Trail from Golden, Colorado to the top of Lookout Mountain. Both the US Pro Challenge and Colorado Classic included the hill climb and it's common to see more bikes on the road than cars. Climbing the hill is a "rite of passage" for all serious cyclists in Metro Denver. It's not difficult to understand the popularity of one of Colorado's first scenic highways.

The road has been widened and improved, but still follows the original route, curving up the side of Mount Zion, past where the Colorado School of Mines placed their giant stone "M" in 1908 (considered to be the oldest and largest illuminated mountain monogram in the U.S..) before twisting and turning to Windy Saddle Park at the twothirds mark.

For those who prefer to walk rather than bike, there are hiking trails from here that zig-zag up the mountain to Buffalo Bill's Grave or to the beautiful Lookout Mountain Nature Center, which as exhibits on the wildlife of the area that includes bear, elk, mountain lion, raccoons and deer.

The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

YOU'RE INVITED

Investment Sale

OWNER AND TENANT HAVE ENJOYED A TWENTY TWO YEAR RELATIONSHIP

RSVP Tim Rogers ? 720.476.5225 ? tprogers@ T. Blake Rogers ? 720.476.5227 ? tblakerogers@

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ADDRESS 636 Lookout Mountain Rd JURISDICTION Unincorporated Jefferson County

BUILDING SIZE 5,835 Sf SITE AREA 1.13 Acres YEAR BUILT 1945

OCCUPANT Crystal Rose Event Center

Show Me the Money

GROSS ANNUAL INCOME $72,000 ANNUAL EXPENSES $16,783 (2019)

NOI $55,217 CAP RATE 8.5% YOUR PRICE $650,000 PRICE PER SF $111.33

The Opportunity

This unique property has been a regional event center landmark for over thirty two years. The location has a track record of over 10,000 quaint mountainside weddings to full-blown wedding extravaganzas and corporate gatherings. The property enjoys exceptional views of the front range and downtown Denver. The property is situated at the peak of the historic Lookout Mountain Lariat Loop scenic highway with over 70,000 trips annually.

Event Highlights

? Historical event center located four miles from Downtown Golden ? Site of the historic Sam's Club during the 60's and 70's ? Home to retirement parties, bar/bat mitzvahs, sports banquets, casino nights,

family reunions ? Rare investment opportunity located on the Historic Lariat Loop ? Offering includes many furniture and fixture items ? Majestic views of Metro Denver ? Walking distance to Lookout Mountain Preserve and Nature Center ? Sits on the Lariat Loop bike path

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