**PRICE ADJUSTMENT of $500,000 - May 2025** Built in 1992, this "Affordable Housing/Senior Housing Conversion Opportunity" refers to an existing Days Inn Hotel consisting of 68 rooms in a 3-story building, with approximately 18,166 square feet of space, situated on a lot of approximately 34,424 square feet. The City of Riverside Planning Department has indicated that the current zoning will permit the conversion to permanent affordable housing, senior housing, or senior care facilities. **Location:** This affordable housing conversion opportunity is located on the highly visible Magnolia Avenue, just west of the 91 Freeway in the City of Riverside. The location offers attractive amenities for prospective tenants that are conducive to permanent residency. Additionally, Kaiser Permanente is located just a few parcels south of the property. **Site Visits:** All property showings and visits must be coordinated through the listing agent, Luis Vazquez 310-704-9109. Please do not disturb the hotel staff, as they are not aware of the sale.