29291 Amerihost Dr in Dowagiac, MI, offers a compelling value-add hospitality investment in Southwest Michigan. Built in 2001, this 64-room hotel features an indoor pool, fitness center, conference room, and spacious lobby on 2.43 acres, with an additional adjoining vacant lot included in the sale. The property has undergone meaningful capital improvements, including a new roof installed in 2024, new LED lighting throughout, fully upgraded fire safety systems with sprinklers and fire panel brought to current code, and ongoing FF&E upgrades, infrastructure improvements, and systems modernization. Fifteen guest rooms and the lobby have been renovated, providing a strong foundation for continued repositioning, while the remaining rooms and common areas offer a clear path for additional renovations and operational upside. The property is well-suited for brand conversion opportunities, aligning with franchise standards to drive ADR and occupancy growth. Strategically located in Dowagiac, the hotel benefits from steady demand driven by local employers, educational institutions, and regional tourism while providing easy access to Southwest Michigan’s recreational amenities. With its strong bones, recent system upgrades, and additional land for potential future use or expansion, 29291 Amerihost Dr presents an excellent opportunity for owner-operators or investors seeking to reposition a well-located hospitality asset within an undersupplied market.