The price and location couldn't be better. Walking distance to everything in Bangkok, and taxis abound out front for anything further.
Morning breakfast is awesome. Pool is nice.
Staff is friendly and helpful. Shops inside hotel, and good amenities all around.
It's obvious this hotel has seen better days, and is showing some signs of wear and tear.
Directly outside is a mass of homeless people who use the exterior wall of the hotel as a urinal at all hours of the day. They aren't violent, scary or threatening, however. And probably little the hotel can do about it.