Disappointed overall. 
Pro: The design of the bed to incorporate storage into stairs works well. 
Cons: The material and construction is poor. The wood it is made from is cheap soft wood that dents with the fingernail. And the milling and finish are uneven with numerous imperfections. Some edges of the lumber are sharp and there are even sharp ridges from the grain of the rough cut wood that was seemingly never sanded or planed. The hardware also appears to be low quality soft metal and the heads of the bolts are easy to strip under just hand tightening with the included Allen keys. Not a single extra piece of any hardware is included; so be careful. The finish is only a light coat of flat gray paint that scratches off with the fingernail. 
Bottom line. I would not recommend this even at a lower price point and the only reason for two stars instead of one is due to the functionality of having storage and stairs built in.