sealing interior grade plywood

I'm building a solid wall TD out of 3/4" interior grade oak plywood. Would CPES be a good choice for the outside and edges and maybe spar urethane on the inside? Its also going to have an aluminum skin. My main purpose is to make it as waterproof as possible since it is interior grade plywood. The roof will have 1/4" luan and aluminum too. Also is there anything besides CPES thats about as good that I can get locally. Just a rookie asking for advice. 
