SOLD: Controversial Lake Country motel is off the market

The Airport Inn has sold.
The Airport Inn has sold.

The Okanagan’s hot real estate market may have been the silver bullet for concerns surrounding a controversial 5.5-acre motel property overlooking Highway 97 in Lake Country.

The boarded-up motel called the Airport Inn Lakeside appears to have sold. A deal was pending this time last month, and now sold signs adorn the building.

Raif Fleihan put the property up for sale in 2019 for $8.1 million even though it was assessed at only $2.2 million at the time. Last year it was assessed at $2.4 million. He dropped the price to $6.9 million last fall.

Royal LaPage realtor Jeane McBride said it was for sale at $6.9 million and includes other buildings along with the former motel.

 As for what's next, that remains to be seen. The developer has yet to be identified.

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