The brokerage team of Marc Robinson, Chris Johnston and Joshua Goldfarb closed three area deals in the past 30 days, totaling 103 units and 102,800 sf for a total $6.44 million or an average $65,524 per unit. Two of the deals were condo conversions.

Gato LLC, a private partnership, paid Giaquinto Brothers LLC $2.1 million or $87,500 per unit for the 24-unit, 85%-occupied Royal Emory Apartments located in the intown neighborhood between Virginia Highlands and Morningside, two desirable infill residential areas. Gato and Giaquinto are Atlanta-based firms.

Rents for the 12 two-bedroom, 1.5-bath apartments are $850 per month. The 12 three-bedroom, 1.5-bath units command $950 to $1,000 per month. The seller plans to convert the 40-year-old, 27,000-sf property to condominium townhome units with a projected price range of $140,000 to $180,000 per unit.