Would have been the perfect stay if it weren't for the extremely loud AC unit that is placed right next to the beds. I fall asleep with IEMs playing podcasts so I actually require some noise to fall asleep, but the noises our AC made was a completely different beast. The best thing I can relate to is the sound of an ice machine. Periodically throughout the night, it will ramp up even louder at strange frequencies for about a minute at a time making it unbearable. Switched rooms the second night, and the AC was not as bad but still very loud.. Might be a hit or miss depending on the room you get, and it is worth noting there are earplugs inside the nightstand.
The room was clean, the pricing was very reasonable, the staff was kind, and the location was fine. As others have noted, a homeless shelter is right down the street so stick to Red River St. when venturing further downtown if you are feeling uneasy. However, there was never a moment when we did not feel safe in the hotel or the area.