Compound Interest

Auction Produces Buyers For Five Of 16 Tracts In Fort Valley Complex

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Posted: November 21, 2012

A chapel sits on one of the 16 tracts that have been carved from a 350-acre property in the Shenandoah County community of Fort Valley and put on sale. Five parcels were sold at auction, while deals on several others are in the works, according to the company running the auction. (Photo by Kaitlin Mayhew / DN-R)

Saturday’s auction of a $15 million self-sustaining “compound” developed by a devout Catholic man for his family was largely successful, according to auction management officials.

The...



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