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Kinda unque vehicle. You are correct, perfect base for a 3.2 or 3.6 motor. Unfortunately, after buying the car and tossing another $8-10k for the motor conversion, you are hovering around $20k at least. Probably find the "real deal" for around that price.
Good Luck with your sale, someone may be happy with the stock Type IV...
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923/912E (2.1l OEM EFI 
'99 F150 4x4 Chipped (who cares)
LLVL in the LBC...
"Long Hoods Rule"
"RICE - The Breakfast of Champions"
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