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Wert-Berater, Inc. — Independent Feasibility Study Consultants
Press Release · Outdoor Hospitality · Texas

Wert-Berater, Inc. Completes RV Resort Feasibility Study in Van Zandt County, Texas

An independent RV Resort Feasibility Study evaluating a 100-site destination RV resort on 55 acres in Van Zandt County, Texas.

RV resort campground
Wert-Berater, Inc. Completes RV Resort Feasibility Study in Van Zandt County, Texas

For Immediate Release · 2026-04-08

Asset class
Outdoor Hospitality · Texas
Program
SBA 504 · SOP 50 10 8
Evaluated value
$4,839,570
Study conclusion
FAVORABLE WITH CONDITIONS — twenty-three enumerated conditions precedent
Location
Van Zandt County, Texas
Completed
2026

VAN ZANDT COUNTY, Texas — Wert-Berater, Inc., an independent feasibility study consulting firm serving lenders and government agencies since 1998, has completed a RV Resort Feasibility Study in Van Zandt County, Texas.

Wert-Berater served as independent feasibility consultant to the lender and CDC. 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.

Project Summary

Feasibility analysis of a 100-site destination RV resort on 55 acres in Van Zandt County on the Interstate 20 corridor east of Dallas, evaluated for SBA 504 financing under SOP 50 10 8 — a ground-up outdoor hospitality development positioned for the East Texas leisure-travel and long-stay markets.

What the Project Included

Site-by-site revenue modeling across transient, weekly, and extended-stay segments; capture-rate and leakage analysis quantifying the trade-area demand the resort can realistically absorb; and a complete 242-slide study with rebuilt global pagination, supported by a fully linked financial model through the standard sensitivity, rate-stress, and ratio suite.

Capital Structure

SBA 504 structure: senior bank first mortgage, CDC debenture, and borrower equity injection, with the indicated value of $11,116,839 producing a 34.8 percent loan-to-value — a collateral cushion rarely seen in ground-up hospitality.

Feasibility Study Challenges

A favorable determination carrying twenty-three conditions precedent is a determination that does its job: the economics cleared comfortably — 2.758x Year 3 coverage on conservative absorption — but ground-up RV development stands or falls on execution items, so the conditions enumerated the permitting, utility, construction, and operational prerequisites one by one rather than waving at them. The capture-rate work carried the market case, tying projected occupancy to quantified regional RV demand rather than industry averages.

About Wert-Berater, Inc.

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 4,000+ engagements across all 50 states and internationally, evaluating over $41.2 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.

About this release. This announcement summarizes a completed, independent Wert-Berater engagement. Details have been anonymized to protect client and lender confidentiality; no borrower, lender, or property is identified. Figures reflect the project as evaluated at the study date.
Donald Safranek, MSc — President and feasibility study consultant, Wert-Berater, Inc.

President, Wert-Berater, Inc. — independent feasibility study consultants since 1998. 4,000+ engagements completed across all 50 states and internationally, evaluating $41.2 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.

+1 310-857-2443 ext. 800  ·  email  ·  1968 South Coast Hwy, Ste 2382, Laguna Beach, CA 92651 · 111 Town Square Pl Ste 1238 PMB 657834, Jersey City, NJ 07310 · 539 W. Commerce St #8486, Dallas, TX 75208 · 66 W Flagler Street, Suite 900, PMB 12704, Miami, FL 33130

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Legal disclosure. Wert-Berater, Inc. offices are mailing addresses only. Following the COVID-19 pandemic the firm has elected to work remotely; its office locations receive mail and are not staffed for visitors or in-person meetings. Headquarters mailing address: 1968 South Coast Hwy, Ste 2382, Laguna Beach, CA 92651.

Wert-Berater, Inc. is an independent provider of feasibility studies and other related services. The firm does not provide financing or equity investment advice, and does not arrange, broker, or place debt or equity capital of any kind.

All appraisal assignments are performed by Bruce E. Jones, MAI, ASA-GC, BCA, CMEA, a member of the Appraisal Institute since 2006, a staff member of Wert-Berater, Inc. and owner of Special Purpose Realty Valuation.

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