OVERVIEW

The property - hostel, is located in the most touristic area of Riga - its Old town, with the most popular Old Riga entertainment venues in the vicinity, along with shopping malls, restaurants and cafés, the railway station and the bus terminal.

The property - 5-level building, with total area of 330 m2, and with a land size of 81 m2.

On each level of the building is located one apartment. The windows face a quiet pedestrian street and a small private courtyard.
New triple glazed windows, new radiators and pipes. Reinforced concrete floors.

Fire alarm system. Sound-proof entrance doors.
Central communications, water, sewage, heating.
Each apartment has its own electric/water meter.
The apartment at level 5 has a roof terrace and Air Conditioner.
The rooms are bright and classically decorated. Most share bathroom facilities.

Guests have access to a common fully-equipped kitchenette and a washing machine. The property is bicycle friendly, with bicycle rental and storage.
Currently building is leased at 100%, with a stable financial income.

CHARACTERISTICS: