The place was great! We stayed there during Octoberfest and it was 7 of us. The place easily fit all of us and was in walking distance from the Octoberfest grounds. It also is right by the train station and the underground which make it easy to get around. Like Thomas states it is on a busy street with some noise but for our group this was not a issue because most of us are use to living in a city with some street noise.
Would stay again if I ever make it back to Munich.