Howdy,
I'll say from experience,
DO NOT BUY ANY BOAT WITH AN OMC KING COBRA 460 INSTALLED!
OMC is completely out of business. The 460 was only offered for 87/88/89/90 model years. The coupler and manifolds are show stopper parts and are not available anymore. The After-Market almost completely abandoned the OMC 460. If it really is a 1990 model and has electronic ignition, there'll be no parts for it. The module is no longer available. If it breaks you must go back to a distributor or a newer after market dist and adapt it.
There are certain parts in the King Cobra drives that are no longer available.
Even though it's a 1990, if the drive is a Dog Clutch type drive, it is probably a 1989 model.
If you do want to buy the boat, consider that it's a boat that must be re-powered with a Volvo Penta or Mercruiser engine and drive.
I was able to sell all the OMC parts (engine,drive and everything else) piece by piece for about $3400 and I still have a few parts left!
If the one you're talking about IS in fact a 1990 model, then it is a Clone clutch ("interim") Cobra. This is the one that is not the "same"as a Volvo d it not the same as the previous Dog-clutch Cobras. (they made more of the "Dogs").
This would make it a REAL dinosaur. In either case, there's very few marine mechanics that want to work on them.... (Oh you'll find a few that will say "$$$ SURE Bring it on over $$$"


)
It's definitely not worth driving 300 miles for.
Cheers,
Rick