How to leverage valuable asset tied up in family Trust?

[Juliette Gelbard]

I am part of a trust that owns a 1 bedroom apartment in Cambridge, MA. A realtor recently did a comp analysis and put the value around $600-$650k and it's owned free and clear. The property is held in an irrevocable trust and there are nine (9) beneficiaries in three family groups. It's currently rented and is cash flow positive about $750/mo. The kitchen needs to be renovated and then we expect it could cash flow $1,500/mo after the reno. We have enough cash on hand to do the renovations, but will need to wait for the lease to expire at the end of August. 

A lot of the beneficiaries want to sell and split the proceeds so we can be free of the trust, but the Trustee (also one of the beneficiaries) is not yet in agreement. If we cannot convince her to sell, what can we do with this asset? $15k-$20k per year net operating income isn't a lot split nine ways, but there has to be potential that we just don't know how to tap into. Would love ideas from those with more experienced in RE investing.