This is a very new hotel (we chose to stay here because of their grand opening discount prices) and is located right next to Kishibe station and about a 10min walk from Shojaku station.
First of all, as mentioned earlier, this is a very new and pretty modern hotel. It's located in a commercial building (the first few floors of the building consists of shops and restaurants) and the lobby of the hotel is actually located on the top (9th) floor. The hotel room itself is actually quite large in Japanese standards (it even has a couch!) and about medium-sized in western standards.
The hotel has a spa / public bath located on the 9th floor. It is an indoor / outdoor spa. I went well past midnight so had the place entirely to myself which was nice. I actually really enjoyed the outdoor bath as it has an open roof so you can see the moon and a few stars when the weather is nice.
As for the location of the hotel, when we first arrived from the airport, we came from Shojaku station and walked over and got really confused as to how to enter the hotel. It took as a moment to realize that it was located inside the commercial building. To enter the hotel from street level, you can enter using the same entrance as the supermarket and take the elevator up. From Kishibe station though, just cross the pedestrian bridge, the take the exterior pedestrian bridge and enter the building. Elevators are to the left.
While I really enjoyed my stay here, the only downside is that the hotel is located right next to the train tracks of Kishibe station and our room was facing these tracks. As a light sleeper, I constantly woke to the sounds as passing trains. If you are a light sleeper as well, you may want to request a room facing the other side.