Here's a quick update on the boat description/condition after having checked it out this afternoon:
Sails: The storm jib appears to be in good shape. The spinnaker, mainsail and genoa all have 1 or more golfball size holes (probably from a rodent chewing).
The electrical system in the boat appears to be in very poor condition and will need to be replaced.
The cushions all need to be replaced.
The double axel trailer looks a little rough. I'm concerned about the wheel bearings.
The good: The hull and deck appear to be in good shape.