RICHMOND, VA—Approximately 150 income producing properties located in areas south and east of Richmond are to be sold in an online auction beginning on July 15.

The properties are being sold as part of the bankruptcy proceedings of Roadrunner Enterprises, Inc. of Chesterfield County, VA. The online auction is being coordinated by SVN/Motleys, a founding member of Sperry Van Ness Auction Services.

The auction features income-producing commercial properties, rental assets, multi-parcel development opportunities, and commercial and residential zoned building lots in southern Chesterfield, Colonial Heights, Chester, Petersburg, Dinwiddie, Prince George, and Waverly, VA. Individual properties will be offered in the online bankruptcy auction starting July 15 with all sales ending by July 30.

The U.S. Bankruptcy Court recently ordered the sale of these properties. SVN/Motleys is representing the debtor.

There is already interest for the properties, which represent a range of assets and opportunities, says Tim Dudley, CAI, AARE, senior advisor with SVN/Motleys.

Among the properties listed for sale are several parcels on US 1 Jefferson Davis Highway, a turnkey convenience store, a 60-lot subdivision, a 49-unit self-storage facility, warehouses, rental homes, multi-family buildings, store fronts and commercial and residential lots throughout the area.

"With their prime location, the parcels on US 1 will generate a lot of interest and activity," says Chip Jones, senior advisor with SVN/Motleys.