I will applaud this seller for giving what appears to be an honest description of the car. That having been said, the car is sufficiently "modified" to be of little interest as a collector item. It can be a nice driver for someone wanting to just drive it and have fun. The source of the power steering leaks and rear end leaks will need to be addressed. At 188k, I am thinking that there is probably not a lot left of the front end components, so it will likely need a full rubber bushing and steering joint rehab. Rebuilt transmission that slips in reverse will also probably need to be redone again unless someone just screwed up the band adjustment. The peeling paint on the front fender suggests that the car may have also had a sub standard paint job (Think Miracle). VPA power windows that do not work. (My opinion of their products is that they are mostly crap). Non working non stock AC is likely also junk.
The car is not a bad looking unit but potential buyers should realize that they are going to spend a lot of money on it to fix all of its problems.
Dave