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The guy is in his late 80's and is asking 15-20K probably because he is done with flying and is trying to retire. All though you have no intent on flying it, you should plan on keeping it airworthy. One day you may decide to sell and it will be worth more $$ in an airworthy condition. My advise...

Your best option is to find a reputable aircraft mechanic and have him do a pre buy inspection for you. He will know what to look for as far as documentation and overall condition. He should also be able to give you an idea as to the operating costs if you choose to keep it airworthy.