This architectural complex by name Tsakhats Kar Monastery was built in the 10-th century according to Stepanos Taroneci during Abbas Bagratuni rule years.

It is situated in the Vayots Dzor province and located 6 km from the village of Yeghegis. It is located within walking distance of the of Smbataberd and consists of the more ancient eastern and western groups of monuments.

There are two churches: Holy Virgin (X c.) And St.
Hovhannes in the western part and – the Church of St. Karapet (1041) under the big dome and the temple of the Holy Banner (1041) with an unusual vaulted ceiling in the east. Around the monastery may be seen numerous khachkars.