Hi I want to get my little brother a bike so I was wondering if it's possible to get this bike and convert it to a road-style bike? He is 5'
http://sacramento.craigslist.org/bik/2614001277.html

I already have a spare set of 700c wheels, stem, and handlebar.

I don't have a lot of money to spend so...

Any nice helpful information would help out.