Verado, Thats not bad if all the hardware and parts are in working shape. Sounds like you are going to need to do a lot of touch up work on the hull as moderate damage is significant.
I bought mine for $196 figuring I get pretty close to in the box new. After looking over it, the prop is missing part of the blade. But thats no big deal as a decent metal one will replace it.
OC, you may have to search other forums within the boating section if you want to see all my projects.

Ryan