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I think you've already made your goal. The age of the vehicle calls for new wiring, rubber replacement (from windows to suspension to body bushings), brake lines, etc. The reliability of the van is more to the point. I've owned plenty of old cars and FE is not the primary ownership cost. Especially at that purchase price.
Careful tire choice, axle and wheel bearings plus brake performance and replacing worn out steering would be highest on my list. Vans tend to be run hard and not cared for. "Economy" for most Americans is in doing no maintenance at all.
Can't wait to hear what shape the fuel tank is in (said with the patience of been there and done that). Your other posts indicate familiarity with mech issues, so I'd be more concerned over defining how this van is supposed to pay its way. An impulse buy, or filling a genuine need?
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