Welcome to the Forum, congratulations on your acquisition.
I had a similar problem on my '77 Safari.
You can get a valve that attached on to the sewer pipe connection, I used one as a temporary measure until I could replace all the valves.
https://www.amazon.com/Valterra-T58-.../dp/B000BGHYJS
This is the one I used, you'll need a Valterra to Thetford Adaptor like this one
https://www.amazon.com/Valterra-T05-...lterra+adapter
when my drain valve didn't open, the handle broke off, if the valve is opening but not draining any faster than with it closed you likely have a clog and the valve isn't closing fully. Or it may be that you just don't have enough water in the tank to make it look like it's fully draining.
Here's a link to my Bathroom and Plumbing repairs/renovation thread, it may help when you start taking things apart.
http://www.airforums.com/forums/f421...rs-109204.html