Cocachima is still a small emerging village in the Amazon region. There are a few restaurants, hostels and hotels here. The best known and most expensive is the Gocta Andes Lodge, the Gocta Natura Cabins (GNC) or the bungalows of Tambo Sapalanchan. For those who prefer something simpler and more comfortable, a good number of hostels offer a clean and pleasant accommodation for your days. To find are the cheaper offers of the hostals, e.g. at airbnb or even Booking.
Cocachimba is one of the possible starting points for a hike to the Gocta Waterfall. From here it is about 3 hours hike.