Click Storage Portfolio

Liberal is the county seat of Seward County, featuring a trade area of approximately 91,000 people (source: Seward County Economic Development). Major employers include National Beef, which operates a plant employing over 3,000 people. Liberal is also home to Seward County Community College, which enrolls more than 1,500 students. The population within 3 miles is 17.3K with a median age of 31, and about 38% of households rent.Strong In-Place Income with Occupancy and Expense Upside: With the portfolio’s unit occupancy at 80.9% and Liberal West operating at 77.2% unit occupancy with an expense ratio of approximately 50%, there is significant opportunity to drive revenue growth and normalize operating expenses. Liberal South Is a Stable Anchor: Ideal location just south of Southgate Mall, featuring retailers such as Harbor Freight, Big R stores, Galleria Furniture, Dollar General, and Southgate Cinema 6. The property is performing well, with 99.6% economic occupancy, while its 84.2%- unit occupancy provides additional upside through continued lease-up and income growth. Liberal is the county seat of Seward County, featuring a trade area of approximately 91,000 people (source: Seward County Economic Development). Major employers include National Beef, which operates a plant employing over 3,000 people. Liberal is also home to Seward County Community College, which enrolls more than 1,500 students. Strong Current Operating Statistics: Rent per occupied unit has increased year-over-year by 5.2% at Liberal South and 8.8% at Liberal West.