One bedrooms are available on the 2nd floor and studio lofts on the 3rd floor. There are some 2 story 1BR on the second floor of building 7, which offer 2 balconies and all the spaciousness of a 1BR. I'm not a big fan of the studio lofts because I don't like the 3rd floor, but that's a personal problem. Also, the upstairs sleeping area does not have a toilette and negotiating the stairs at night requires more wakefulness than I prefer to provide. There is a secret to directing the vents on the ac to provide cooling to the upper level, but the ac works. Also, the sleeping area isn't full floor and you do have a sloping ceiling that makes the room seem smaller.
During the low season, I think the price delta is $15 between the 2 units, so I would chose 1BR every time. The only reason we took the loft one year was that 1BRs were sold out.