Gulf West Investment Properties Has Signed Contracts and Received Approved Permitting to Construct Affordable Housing in South Brandon

Jun 14, 2010, 13:08 ET from Gulf West Investment Properties, Inc.

TAMPA, Fla., June 14 /PRNewswire-FirstCall/ -- Gulf West Investment Properties, Inc. (Pinksheets: GLFW) is set to construct affordable housing in South Brandon. GLFW has contracts signed and permits approved ready to move forward with this project. With building materials at an all time low cost, and labor costs low, GLFW can pass these savings on to the consumer. GLFW is building at a price point 50% lower than in 2004-06 and still able to keep the same profit margins for the company and GLFW stock holders.

"This is a project for this community to be able to purchase quality townhouses for under $120,000.  With 5 months of continued growth in the housing market and 80 million baby boomers ready to retire, everybody would love to retire in a warm climate and not have to shovel snow. At the price point were building out, the rush to the warm beaches for retirement is starting again," said Gary Gauthier, President/CEO, Gulf West Investment Properties, Inc. (Pinksheets: GLFW).

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About Gulf West Investment Properties, Inc

Gulf West Investment Properties, Inc (Pinksheets: GLFW) is a development & investment company. GLFW develops new projects with traditional design, or old projects redesigned with new ideals. GLFW provides investment portfolios & opportunities in property building and management. Gulf West Investment Properties Inc. plans to continue developing and expanding its business plan over the next twelve months. GLFW plans to take advantage of reduced construction and labor costs and lower prices due to increased inventory.

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SOURCE Gulf West Investment Properties, Inc.