FYI, the TBO of pretty much any aircraft engine is "X hours or 12 years." This is not a 209SMOH engine, it's a runout.
If you buy the airplane priced as if it's out of annual (even if it's not, it's been sitting like it is) and with a runout engine - IE, *WAY WAY* cheaper than an airplane that's been flying, with the idea that you're going to have to overhaul the engine and do a lot of maintenance on it, then you *might* get a good deal if it's not as bad as it probably should be, or you might end up with exactly what you expect.
If you go into it with the idea that you're gonna get a good deal on an airplane, don't do it!
Repeat after me:
There is nothing more expensive than a cheap airplane.
There is nothing more expensive than a cheap airplane.
There is nothing more expensive than a cheap airplane.