It's a very local question based on the comps and active/recently sold inventory inside the community.

When I have some free time, I'll research other options that won't cost a fortune for the small guy.

Hi Ben, I'm also based in Snohomish county.

Or considering the membership buyout option? 

To ensure you’re acting ethically:Full Transparency: Be upfront about your intentions and ensure the organization has all the information it needs to make an informed decision.Fair Value: Offer a price based on fair market value or justify any discount with clear benefits (e.g., taking on deferred maintenance or providing a quick, hassle-free transaction).Win-Win Mindset: Emphasize how the sale could help the organization, such as freeing up funds for its mission or relieving the burden of maintaining a distressed property.4.

I know the seacoast of NH has been mentioned here but I wanted to point out a few options that could be considered.Hampton, a popular coastal town, has strong demand for multifamily units near the beach and a robust short-term rental market, especially in summer.

I would also recommend that you do not narrow your investment options.

Based on this some elements of my REI strategy are going to need to be adapted!

I saw you were based out of Ohio also. 

Quote from @Sarah Kensinger: Reach out to @Jeff Chisum and see what options you may have for this property.