The hotel is about 20 minutes by taxi from Mokpo station and I only paid around 5,000 won (~$5) to get there. It's near all the hot spots in Mokpo with only about a 5 minute walk over the pedestrian bridge. If you are looking for a good location near bars, karaoke places, and clubs, this is a good hotel to stay. You can also walk to the river from the hotel. However, if you want to go to the beach, you will need to take a cab.
The room and bathroom were very large, but the bed can be a bit hard for some people. I actually prefer a hard bed. I only had a problem with a little delay during the check-in process since it showed up under Expedia rather than hotels.com.