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.<\/p>\n
The boarded-up motel called the Airport Inn Lakeside appears to have sold. A deal was pending this time last month<\/a>, and now sold signs adorn the building.<\/p>\n 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.<\/p>\n Royal LaPage realtor Jeane McBride said it was for sale at $6.9 million and includes other buildings along with the former motel.<\/p>\n As for what's next, that remains to be seen. The developer has yet to be identified.<\/p>\n To contact a reporter for this story, <\/span>email Kathy Michaels<\/a> or call 250-718-0428 or <\/span>email the editor<\/a>. You can also submit <\/span>photos, videos or news tips to the newsroom<\/a> and be entered to win a monthly prize draw.<\/span><\/p>\n We welcome your comments and opinions on our stories but play nice. We won't censor or delete comments unless they contain off-topic statements or links, unnecessary vulgarity, false facts, spam or obviously fake profiles. If you have any concerns about what you see in comments, email the editor in the link above. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":" 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 […]<\/p>\n","protected":false},"author":415,"featured_media":3065,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"guid":"","source":"iNFOnews","byline":"Kathy Michaels","published":"2021-05-10T03:16:33","updated":"2021-05-09T20:00:00","_infotelid":"IT82900","_prepressid":"82900","_multisite_post_sync":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[540,2,541,543],"tags":[142,148,64,229,167],"region":[322,323,324,325],"class_list":["post-415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-highlight","category-inhome","category-local","category-topnews","tag-kathy-michaels","tag-klmay2021","tag-lake-country-news","tag-lakeside-airport-inn","tag-real-estate","region-kamloops","region-kelowna","region-penticton","region-vernon"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":8}},"post_modified":"2021-05-09T20:00:00","post_modified_gmt":"2021-05-10T03:00:00","jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/staging.infonews.ca\/inhome\/wp-content\/uploads\/sites\/4\/MediaItemID82900-9483.jpg","_links":{"self":[{"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/posts\/415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/users\/415"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/comments?post=415"}],"version-history":[{"count":3,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/posts\/415\/revisions"}],"predecessor-version":[{"id":7325,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/posts\/415\/revisions\/7325"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/media\/3065"}],"wp:attachment":[{"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/media?parent=415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/categories?post=415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/tags?post=415"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/region?post=415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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