Montclair Hospitality Inc. purchased the 42-room hotel located at 11043 Magnolia Ave. in Riverside, CA. The hotel, built in 1990, totals 17,668 square feet and offers an outdoor pool, Jacuzzi rooms, conference and banquet facilities, a separate breakfast room, a lobby with a back office, an elevator, and a handicap room. Montclair will be changing the hotel from a Holiday Inn Express into a Comfort Inn. Total consideration for the transaction was valued at $2.75 million. Asok Agarwal of Re/Max-Tri-City Realty represented Montclair Hospitality Inc. and the seller, Dipak & Kailash Patel.