You really can't beat the price for the location, but you get what you pay for. The hotel is a total dump, but I would recommend it for those who want to keep the price low.
This is a place for people who want to spend as little time as possible in their room. Other than the fact that the carpet is completely disgusting, the bathroom was pretty clean and the linens were all good. Keep your expectations low and you wont be disappointed. If you're looking for a nicer place to stay that is a good price, don't book a hotel on the strip.