Neghuts Vank is located in Kotayk province, about 2 km northwest of the village of Arzakan, on a hillside. The complex consists of the Surb Astvatsatsin church, a narthex (gavit) adjoining it from the west, a now-completely-collapsed hall-type structure situated lower down to the south, and a chapel to the northwest. Numerous khachkars have also survived on the monastery grounds.
Written records about the monastery are scarce, and the chief sources for studying its history are the several dozen inscriptions preserved on the walls of the gavit. The earliest is dated to 1271 and is located on the gavit's southern wall — a donation inscription by a person named Hayrapet.
The Surb Astvatsatsin church is a domed-hall type structure with two side chambers in its eastern section. No definite construction date has survived, but it resembles 10th–11th-century structures. On the eastern façade there are two triangular niches.
The gavit is built with four central columns and eight attached half-columns along the walls, whose supporting arches divide the space into nine sections. The central section had an opening — a skylight (erdik) — and its transition was formed by a twelve-sided support system with crossing arches.
Above the entrance a head, probably of a leopard, has survived, and inside, a sculpture of an eagle with closed wings. The gavit's southern portal is decorated with carvings and bordered with star-shaped compositions.
