The online auction for a former communications facility run by the Navy in the Potomac Highlands of West Virginia closed Monday with the General Services Administration accepting the high bid of $11.2 million for the 122-acre campus.
The winning bidder first entered the contest on Saturday, when the price had reached $6.95 million, reported the Washington Business Journal. Competing offers between the eventual winner and the runner-up over the weekend increased the final price to $11.2 million. The auction opened in February but the first bid of $1 million wasn’t received until July 8.
Information about the winning bidder and the buyer’s plans for the former Navy Information Operations Command Sugar Grove has not yet been revealed. Kansas-based KVC Health Systems previously has expressed interest in acquiring the site to turn it into a skills training college for young adults transitioning out of foster care.
The Navy base closed in September, eliminating one of Pendleton County’s largest employers and the state’s only active-duty military installation. It once supported up to 450 personnel and their families in a self-contained community which includes residential housing among its 105 buildings.
The site is “ideal for a corporate training center, a university or academic campus, a spa/clinic, movie studio or mountain resort,” according to its listing on the GSA Auctions website.