This apartment building is in the heart of the UW downtown district, with lots of shops and restaurants nearby and a Safeway a block away. The location was pretty nice in that respect. It was also very close to I-5 and several bus stops, making for easy transportation to the rest of Seattle. It's also extremely close to UW itself (a few blocks from the northwest corner), making it ideal for sightseeing the campus.
That being said, the bed I slept in was very uncomfortable, and the room was so hot at night that it was impossible to sleep. (It was, to be fair, over 80F at night for several weeks during the summer.) If the window was opened, there was far too much noise from the city and garbage trucks going down the alley behind the building to fall asleep.
If you're getting a parking spot, just know that it can be difficult to get in and out of because often the restaurants on the other side of the alleyway will just put things in the alley with no regard for any cars that need to come through. You will have to manually move boxes, pallets, trash, etc. by hand often.