After reading the older reviews, I see a new review is badly needed. No this is not a hotel with a restaurant, fitness center, pool and fresh towels sculpted in interesting shapes like you will get in Playa del Carmen. It is an apartment hotel with a kitchen that allows you to prepare the food you and your family want, when you want and at whatever price point you want. If you don't feel like cooking, there are ample restaurants within a 15 minutes walk.
Some of the older reviews talked about bad bathrooms and even mice. I suspect there has been some renovation since then. We were just there and my only complaint with the bathroom is that the shower water can sometimes be too hot. Also the apartment was very clean: we did not see any pests of any kind.
The suite was very spacious just as the pictures indicate. The beds were very comfortable and the wifi and TV worked just fine.
The location is very nice since it is a block away from the very nice Paseo Montejo with quite adequate restaurants and safe bank machines. Also it is about a four block walk to the Walmart with a really well stocked grocery store and wine selection. Loved the fresh mangoes every day. It is about a 15 minute walk to what is happening downtown but it is nice to be that far away from the night life when it comes time to sleep. Taxis by the way usually run about $3 for a two mile ride and unlike Mexico City you can feel safe when you get in to one. Yes 58th street, on which the entrance is located, is very plain but that is the case with almost any street in the older part of Merida.
Even after paying about $50 for the electricity we used during the stay, we paid for a month what we would have paid for three nights at the Fiesta American. If you are only visiting Merida for 3 to 5 days, by all means find a hotel that pampers you and eat out every night. If you are going to stay, like most of the residents of Los Suites, for a longer stay, then it is hard to beat the value here.
This review is the subjective opinion of a TripAdvisor member and not of TripAdvisor LLC