Great place to stay - wonderful location as well! We were a quick 10 min walk to the charming streetcar (which runs quite often), and if we were tired, a quick $8-10 Lyft ride away from the touristy areas.
On one of our more exploratory days, we walked back from the downtown area to explore different neighborhoods, and it took roughly an hour and a half.
A highlight of ours: We got a nice surprise as we were greeted by two neighborhood chicken. They were fun to watch and hang around with while waiting for our Lyft!
Do heed the bed in loft description. My boyfriend is a little over six feet tall and we were fine staying in the loft. Any taller and I think we probably would have stayed on the couch - either way, you have options!