I lived in Hobart for 6 years but didn't know this place existed until I moved away then came back to visit mates.
It's pretty well priced, with shared bathrooms and a single room ideal for two people. The Guest Lounge and Bar is open to the public between around 10AM - 8 PM Monday-Saturday and is the first port of call for guests if they run into any problems during normal hours. They have an iron/,ironing board available for those who need to iron clothes and provide you with towels, soap and rubbish bags when you enter your room, along with an addressed note to you (noting that my check in time was on a Sunday when the guest lounge isn't attended) and a rulebook of expected behaviour.
Each room is styled with different colours/themes, but generally comprises either a queen bed or two single beds. It's worth noting that the rooms don't have air conditioning, so take that into consideration when choosing your accommodation.
Overall, I don't regret staying at the Alabama! And I'd stay there again if given the choice 🙂