The place is perfectly central the park is 2mins walk. The place is nice and open to spend the nights in. Old town is 10mins walk. The local market is 15mins walk as well as the train to go other places. You can also take the train to Saint Petersburg from riga it is 16hrs. You have your own bed to sleep on as well. Make sure you have your passport and visas if needed they check 2 times during the train ride.