An independent Marina Feasibility Study evaluating a full-service lake marina and resort operation in Lake Cumberland, Kentucky.
LAKE CUMBERLAND, Kentucky — Wert-Berater, Inc., an independent feasibility study consulting firm serving lenders and government agencies since 1998, has completed a Marina Feasibility Study in Lake Cumberland, Kentucky.
Wert-Berater served as independent feasibility consultant to the lender and USDA Rural Development. Party names are withheld consistent with the confidential nature of underwriting and capital-advisory work; figures represent the project as evaluated at the study date.
Feasibility analysis of a full-service marina and resort operation on Lake Cumberland — one of the largest reservoirs east of the Mississippi and among the busiest houseboating destinations in the United States — evaluated for a USDA Business & Industry guaranteed loan under Instruction 5001 in a rural Kentucky county where the marina is a primary economic anchor.
Multi-revenue-stream marina underwriting: wet-slip and dry storage rental, houseboat and watercraft rental fleets, fuel sales, service and repair, ship’s store, and food and beverage — each modeled against lake-level operating constraints, seasonality, and the destination tourism draw of the Lake Cumberland market.
USDA B&I guaranteed loan structure consistent with Instruction 5001 rural-area eligibility, collateralized by the marina’s real property, improvements, and operating assets.
Marina underwriting on a flood-control reservoir lives with the water level: seasonal drawdowns and multi-year lake-level management decisions directly drive slip utility, rental-fleet season length, and revenue timing, so the analysis had to demonstrate debt service capacity across the operating calendar rather than at a single stabilized point — alongside the concentration risk inherent in a destination market where the asset is both the business and the draw.
Wert-Berater, Inc. is an independent feasibility study consulting firm founded in 1998, providing lender- and agency-facing feasibility studies, highest-and-best-use analyses, and capital-advisory support. The firm has completed more than 4,000 engagements across all 50 states and internationally, evaluating over $40.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. In every engagement, fiduciary duty runs to the lender and the applicable agency.
Media contact: Donald Safranek, MSc, President, Wert-Berater, Inc. — +1 310-857-2443 ext. 800. Press inquiries only; client, lender, and property identities remain confidential.
President, Wert-Berater, Inc. — independent feasibility study consultants since 1998. More than 4,000 feasibility studies completed across all 50 states and internationally, evaluating $40.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. Fiduciary duty runs to the lender and agency in every engagement.
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Schedule a ConversationIndependent feasibility studies since 1998 — 4,000+ engagements, $40.2 billion in evaluated project value. Standard delivery in 10 to 15 business days. Fiduciary duty to the lender and agency.