SEATTLE, WA (September 11, 2025) – Lee & Associates is pleased to announce the sale of the Dover Apartments, a well-maintained 59-unit multifamily property located at 901 6th Avenue in Downtown Seattle’s. Originally constructed in the early 1900s, the building offers a rare combination of vintage architectural character and a walkable urban location, making it a unique opportunity in the Seattle multifamily market.

The transaction, which closed with seller financing, marks the first U.S. acquisition for Single Point Ventures an international investment group seeking to establish a long-term presence in the Pacific Northwest. With the purchase complete, the new ownership has already begun implementing their repositioning strategy, breathing new life into the property.

“The Dover represents an important first step in our U.S. growth strategy. Its history and central location make it a unique opportunity, but more importantly, it offers us the ability to reposition and reimagine the property for the next generation of residents in downtown Seattle. Establishing a presence in this market has been a long-term goal, and the Dover is the ideal foundation for building our portfolio here.” — Edi Nisenbaum, Managing Partner

“We are privileged to facilitate our client’s vision. They believe in the density strong urban cores bring and maintain long-term optimism in a revitalized Downtown Seattle,” said Daniel Lim of Lee & Associates. “The Dover has lived many lives, and we are excited to see it reimagined for its next chapter.”

This transaction was brokered by Daniel Lim, Candice Chevaillier, Dea Sumantri, and Sara Bago of Lee & Associates’ Northwest Multifamily Team.

ABOUT LEE & ASSOCIATES

Lee & Associates offers an array of real estate services tailored to meet the needs of the company’s clients, including commercial real estate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout the United States and Canada. Our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Instagram, and Link, our company blog.