Thursday, June 17, 2010

Gulf West Investment Properties Announces the Purchase of 20 Acres in North Tampa for Development


TAMPA, FL /PRNewswire-FirstCall/ -- Gulf West Investment Properties, Inc. (Pinksheets: GLFW) is pleased to announce the purchase of 20 acres already zoned and permitted for 105 units in North Tampa.

GLFW can build an average 2,100 square foot house and sell it in the low 200's.

First time home buyers can qualify and get all the tax credits and GLFW can actually provide family housing for less than the price of a two bedroom apartment. GLFW is passing these types of savings along to the consumer. In addition, GLFW can stay at the same profit margins while delivering a superior product.

"Since the recession there are a lot of great buys out there on properties, to say we purchased this property for a song, will make our investors sing," said Gary Gauthier, President/CEO, Gulf West Investment Properties, Inc. (Pinksheets: GLFW).

For further information, contact cjones@cjonesconsulting.com

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