Stayed here for 3 days during Oktoberfest - it's located just under 2 miles from the fest grounds themselves, we would take the tram to the city center and then walk the remaining ~half mile or so. Super convenient without breaking the bank!! Plus, lots of great restaurants, bakeries, and convenience stores within walking distance. Apt IS on the 5th floor (which was good for us b/c of all of the beer/pretzels that were consumed). Peter and Gilles were wonderful - breakfast every morning if you wanted, and very kind and accommodating. We hit the jackpot and were able to go with them to the last night of Oktoberfest, which was definitely the highlight of our trip! Would absolutely recommend/stay again.