It hasn’t been run in years, but the body is reported to be sound.

“For Sale: authentic numbers matching M38 Military Jeep, un-restored, not rusted out or wrecked, ever. PERFECT for restoration. The sheet metal on this jeep is near flawless.
Clear Texas Blue Title in my name.
Beautiful old jeep, floor boards are pristine original. This is a rust-free jeep, save the RR quarter panel fender support for the spare. It’s rusted at that point about 4 linear inches. This jeep has been under cover for about 21 years. It is amazingly clean.
Perfect restoration project, original numbers matching L134 motor, complete, installed, not running. Missing the gas tank and original mechanical fuel pump, glove box door, and light switch.”

https://killeen.craigslist.org/cto/d/for-sale-1951-willys-38-jeep/6306785231.html