Service Area, 280m², Capital Renovated

An operational hostel is for sale in downtown Yerevan, located on Khorenatsi Street. This profitable business occupies the first floor of a stone building with a total area of 280 square meters.

The hostel features the following amenities:

• 16 guest rooms, 6 of which include private bathrooms
• 4 separate shower rooms for men
• 4 separate shower rooms for women
• Modern fully-equipped kitchen area
• Professional reception area

The property has undergone capital renovation and is equipped with all necessary amenities, including a central heating system, air conditioning, constant water supply, and internet connectivity. All furniture and technical equipment are included in the sale.

The hostel is currently an active business and is leased with a monthly rental income of 800,000 AMD. The selling price is 380,000 USD.