As the title states, the location is great. Rooms... a bit worn but clean. The price use to be a good deal but they've raised their prices to the point of not being worth it. I haven't tried it yet but "last minute room deals" offer "four star" rooms at "one star" prices. I'll let you know.
If you need to be close to OHSU the location might be worth it. The location will take the stress out of getting to the hospitals if you have family there.