12 unit apartment complex need insurance help

[Matt D.]

Hey everyone,
Running into some road blocks in acquiring insurance for a 12 unit apartment complex details below. It’s a little unique, so the “regular” insurance providers won’t quote it, or the quotes I do get seem exorbitant.  Any ideas or referrals would be appreciated!

Details :
12 units total, 2 buildings on same tax/county parcel. Fully vacant, needs rehabbed. Current market value approx $250k. Market value after rehab approx $900k. Rehab estimate is $360k ($30k per unit) - this is to get it into very nice higher end condition.  Need dwelling coverage in event of fire or loss to structure, and also liability for contractors when rehabbing property. 

Once renovated would need to switch coverage to account for rental with tenants, etc. rehab time approx 6 months, maybe sooner (I hope)…
 
Thanks

Matt