Senior housing conversion

[Kevin Vandenboss]

I have an 8 unit listed for sale that's two single story buildings with 4 units each. I'm considering purchasing it myself and converting each unit to be wheelchair accessible as they become vacant. It won't take a ton of work because of the way they're laid out. It's in a real quiet area that I believe will be attractive to seniors. Anyway, I'm wondering if anyone has had any success with a project like this and if they were able to raise rents enough to justify the time and expense.