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ALPHARETTA AND ATLANTA, GA. — AREA Property Partners has acquired two multifamily properties, totaling 878 units, in the Atlanta area. RBC Capital Markets Corp. sold the properties for $50.4 million. The assets are the 468-unit Manchester at Mansell in Alpharetta and the 410-unit Chatsworth Apartment Homes in Atlanta. Located at 401 Huntington Dr., Manchester at Mansell features one-, two- and three-bedroom units, two swimming pools, a fitness center, a business center, a playground, three tennis courts and a volleyball court. Chatsworth Apartments Homes, which is located at 4700 N. Hill Parkway, features one-, two- and three-bedroom units, two pools, a clubhouse and a tennis court.