Very, very cute place, and could not be a more convenient walk to Broadway (the main drag of bars in Nashville). Being on the river is very calming in the morning, and the complex is very quiet. The pullout couch is extremely comfortable, so no need to worry about that.
One caveat is that to walk to downtown, you do walk right by a jail/police station on a rather secluded street. It made one of the young women on our trip a little nervous at first, but by the second day of our stay became second nature/not at all scary. Just something to keep in mind potentially for single travelers or the very cautious.