Similar small subdivision near me bought a motor grader. All was well so long as one of the residents didn't mind putting his time into it. The group paid him a small hourly.
After awhile he decided it must be somebody else's turn. No takers. I know most of the residents there, one of them called me. When I told them what my time was worth, they said "oh".
A few days later I got a call offering to "give" me the grader. Right, I get a grader I can't use elsewhere and I'm stuck with the maintenance and operation in their subdivision in exchange for this "gift". No thanks.
I did arrange for the sale, to someone I knew, for $500. Surprised me that they accepted so little, but they didn't like their other options. Preferred to hire someone to come in with their own machinery.
You're signing up for a job. Hope you enjoy it.