15 unit + Full Rehab | 60% ARV financing options?

[Swat Khan]

Just wanted to share this off-market 15-unit apartment complex deal and get some more ideas. 

Would like to conjure up ideas on how to get this deal funded with short term financing.

My initial thoughts: Property is not pretty, needs a lot of work, has no occupancy, and only 15 units. Reason I am interested is the ability to unlock $200K in equity in less than a year with a strong construction / management team, and a very high demand rental market. Strong market to hold an apartment complex asset. 

Goal/Mission: Rehab with a strong local GC (I would be on-site during the construction) on a 90-120 day timeline, refinance, hold long-term or sell for equity. The numbers are showing a conservative $250-300K in gross equity at a 9 CAP after filling up at $800/unit

Details on the North TX apartment complex:

Price: $240K (16K/door) 
Rehab: $200K  ($15K/door). Every unit needs full rehab. Needs new roof.
Units: 15

ARV: $750-850K at $800/mo
Area: C
Market occupancy: 92%
Built: 1960s (90% brick/10% wood) Individually metered. 

ARV with repairs: 60% 
Owner is retired and out of state. Free and clear. Will not carry any financing. 
Occupancy: 0% (vacant for less than 10 months)

Market: Most of the apartments in the area are getting repositioned. There's a lot of new construction 3 miles north of this property. 1 bd are starting at $1000/mo. I ran test ads and get at least 30-50 responses a week for $800/mo, it's a hot rental market. This would be a solid C-class property in a C area. There is a B-class property less than 1 mile of this property with 100% occupancy. 

1. What would should we consider for financing? What type of financing should be our criteria. 

2. Any other creative ways of getting this deal done?