The place is perfect for your trip to Munich. The place is only a 5 minute walk to the U train, which can get you anywhere in the city in minutes.
The location was also a 10 minute taxi or 20 minute train ride to Oktoberfest or a 40 minute walk if you were feeling adventurous. It was far enough to avoid the end of night hassle but close enough we could walk our way back if needed, which was perfect for our group.
Overall, a wonderful place to stay while in Munich at an affordable rate!