At that mileage and age, pretty much everything will need to be rebuilt.
There is still to many unknowns here, like maybe rusted frame!!!!!
So it's a O.K. deal, but nothing to write home about! IMO
10 years ago I picked up a 93 for 3500. It had 130k miles, straight 6, 3" lift with 33's, hard top and tow package. I think you could do a little better.