Miles on a vehicle are like hours on a tractor....great for determining when to perform maintenance but don't have much to do with determining condition.
Since it's been sitting so long that truck will need tires, brakes, battery, fluids and filters, hoses and belts, carb rebuild, fuel pump, tune up, etc...which are all inexpensive items.
I wouldn't be worried about 136K mile on a 223 six cylinder. I opened up a 215 (earlier version of the 223) with many more miles than that just out of curiosity. The crank was like new, the bearings in excellent condition. There was very little cylinder wear.
The OP could buy the truck and have a reliable daily driver for $1800 + or - if he can do the mechanical work himself, then chip away at fixing the rust one spot at a time.
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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