Convert school into income property?

[Swat Khan]

Hello BP, Does anyone have experience converting a school into an income property? What are the options? I have an off-market deal for a nice elementary school in Texas. The town has around 50,000 people and growing. School has 18 classrooms, 6 large community style school bathrooms, gymnasium, 3 mobile home style classrooms, and an auditorium. Price: $70,000. I have a good connection into the city if we need to re-zone. Comes with 3 acres of open grass space. Any ideas on how to convert this into an income property?